EDION Corporation
Notice Regarding Purchase of Treasury Shares through Off-auction Tender Offer (ToSTNeT-3)
EDION Corporation plans to acquire treasury shares equivalent to 5,000 million yen via ToSTNeT-3. The acquisition period is November 10–16, 2026. The company will use an ASR method, with Morgan Stanley MUFG Securities as the allocation counterparty. The number of shares acquired may vary depending on the purchase price.
Key Figures
- Total acquisition amount: Equivalent to 5,000 million yen of treasury shares
- Acquisition period: November 10, 2026–November 16, 2026
- Total number of issued shares (excluding treasury shares): 105,831,069 shares
AI要約
Overview of Treasury Share Acquisition
EDION Corporation has decided to acquire treasury shares using ToSTNeT-3 with the objective of improving capital efficiency and executing flexible capital policy. The transaction will adopt an Accelerated Share Repurchase (ASR) structure, and the total acquisition amount is expected to be equivalent to 5,000 million yen. The number of shares to be acquired will be linked to the purchase price and may fluctuate based on market conditions.
Stock Acquisition Rights and Allocation Counterparty
In connection with this ASR transaction, stock acquisition rights will be issued by third-party allotment with Morgan Stanley MUFG Securities as the planned allocation counterparty. The number of shares delivered will be linked to the average share price, and the exercise period will be from February 12, 2027 to April 26, 2027. The arrangement also includes provisions to additionally acquire a certain number of shares without consideration depending on market conditions.
EDION Corporation
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