Daio Paper Corporation
Notice Concerning the Acquisition of Treasury Stock and Purchase of Treasury Stock through Off-Auction Own Share Purchase Transaction (ToSTNeT-3) (Acquisition of Treasury Stock Based on the Provision of Article 165, Paragraph 2 of the Companies Act and Purchase of Treasury Stock through Off-Auction Own Share Purchase Transaction (ToSTNeT-3))
Daio Paper Corporation plans to acquire treasury stock with an upper limit of 13,000,000 shares and a total amount of up to 18,239,000,000 yen on March 19, 2026. This corresponds to 7.75% of the total number of issued shares.
Key Figures
- Acquisition Upper Limit Number of Shares: 13,000,000 shares (7.75% of total issued shares)
- Acquisition Price Total Upper Limit: 18,239,000,000 yen
- Scheduled Acquisition Date: During trading hours at 8:45 AM on March 19, 2026
AI要約
Overview of Capital Policy
Daio Paper Corporation has resolved to acquire treasury stock on March 19, 2026, aimed at enhancing shareholder returns and improving capital efficiency. The acquisition method will utilize the off-auction own share purchase transaction (ToSTNeT-3) of the Tokyo Stock Exchange. The acquisition upper limit is 13,000,000 shares and the total acquisition price is capped at 18,239,000,000 yen. This corresponds to approximately 7.75% of the total number of issued shares (excluding treasury stock).
Impact on Shareholders and Related Matters
This treasury stock acquisition is carried out as part of the capital policy aligned with deepening the strategic business alliance with Hokuetsu Corporation. Hokuetsu Corporation has expressed intention to sell 11,000,000 shares, and following the acquisition, it is possible that the company will no longer be classified as a related party. The acquisition results will be announced after the close of trading on March 19, 2026. As of September 30, 2025, the number of treasury shares held was 1,384,600 shares, excluding shares held in trust for directors and employees.
