Premium Water Holdings,Inc.

2588.T
Utilities - Regulated Water
2026/03/06 Updated
Market Cap: $775.7M (¥122.0B)
Stock Price: $25.47 (¥4,005)
Exchange Rate: 1 USD = ¥157.23

Notice of Completion of Share Buyback from Specific Shareholder

On March 6, 2026, Premium Water Holdings, Inc. completed the acquisition of 9,046,070 shares of treasury stock from Koushin Communications Co., Ltd. at an aggregate price of 27,644,789,920 yen (3,056 yen per share).

Importance:
Page Updated: March 6, 2026
IR Disclosure Date: March 6, 2026

Key Figures

  • Number of Shares Acquired: 9,046,070 shares
  • Total Acquisition Price: 27,644,789,920 yen
  • Acquisition Completion Date: 2026-03-06

AI要約

Overview of Capital Policy

Premium Water Holdings, Inc. acquired 9,046,070 shares of treasury stock from a specific shareholder, Koushin Communications Co., Ltd., on March 6, 2026. The total acquisition price amounted to 27,644,789,920 yen (3,056 yen per share). This acquisition was executed based on the resolution of the Board of Directors dated December 11, 2025, and a special resolution at the extraordinary shareholders’ meeting held on January 23, 2026. The acquisition period was from March 2 to March 6, 2026. The acquisition price was calculated at 90% of the closing price on January 22, 2026.

Impact on Shareholders and Future Outlook

With this acquisition, the share buyback authorized by the aforementioned resolutions has been completed, and no further treasury stock acquisitions are planned. The shares acquired originated from a specific shareholder and are considered part of efforts to restructure capital and enhance shareholder returns. While details regarding the impact on the number of outstanding shares or dilution are not provided in the documents, investors should closely monitor this significant move within the company’s capital policy.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.