Meiji Electric Industries Co.,Ltd.

3388.T
Scientific & Technical Instruments
2026/08/21 Updated
Market Cap: $165.4M (¥26.3B)
Stock Price: $13.13 (¥2,087)
Exchange Rate: 1 USD = ¥158.98

【Meiji Electric Industries】Share Buyback Completed|July 2026

Meiji Electric Industries, Ltd. repurchased 22,000 shares of treasury stock on July 22, 2026, raising a total of 46,068,000 yen. The shares were allocated to 20 directors, executive officers, and employees as part of a stock-based compensation plan.

Importance:
Page Updated: July 22, 2026
IR Disclosure Date: July 22, 2026

Key Figures

  • Number of Shares Repurchased: 22,000 shares
  • Total Cost: 46,068,000 yen
  • Repurchase Date: July 22, 2026

AI要約

Overview of the Repurchase

On July 22, 2026, Meiji Electric Industries, Ltd. repurchased 22,000 shares of treasury stock as part of a restricted stock compensation plan. The purchase price was 2,094 yen per share, totaling 46,068,000 yen. The shares were allocated to a total of 20 directors, executive officers, and employees, and the transaction was conducted as part of the company's stock-based compensation scheme.

Impact on Shareholders and Future Outlook

This share repurchase does not dilute existing shareholders and aims to maintain shareholder value. By repurchasing treasury stock as part of the compensation system, the company seeks to enhance incentives for employees and executives and improve capital efficiency. The company will continue to promote appropriate capital policies and strive to enhance corporate value.

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

Meiji Electric Industries, Ltd.

Company overview · Stock price · Financial data · All IR

View company page →