【Kawada Technologies】Share Buyback Completed | May 2026

Overview of Capital Policy

Kawada Technologies implemented its share buyback, approved by the Board of Directors on February 13, 2026, and completed it on May 22, 2026. The buyback targeted common shares, totaling 649,400 shares, with a total amount of 865.59 million yen. The method of purchase was through bids on the Tokyo Stock Exchange's in-market trading segment. The initial cap was 1,290,000 shares and 1.5 billion yen, but the actual shares purchased were less than this, influenced by stock splits that increased the number of tradable shares.

Impact on Shareholders and Future Outlook

The effect of this share buyback on the total issued shares and potential dilution is unknown, but it is generally seen as a measure to improve capital efficiency and return value to shareholders. It is unclear whether there will be changes in the company's capital policy or dividend strategy following the completion of the buyback. Continued attention to capital policy developments and shareholder return measures is necessary.