Sumitomo Seika Chemicals Company, Limited.
Notice Regarding Status and Completion of Treasury Stock Acquisition
5000 characters limit? Not needed. Summary: The Company disclosed cumulative results of the treasury stock acquisition resolved on May 12, 2026, and announced the acquisition has been completed with the purchases made from September 1 to September 18. Number of shares acquired: 111,700 shares, acquisition cost: 164,599,000 yen. The upper limit was 840,000 shares and an acquisition amount cap of 1,000 million yen, with the period initially set through September 30 but actual acquisitions ended on September 18.
Key Figures
- Total number of shares acquired: 111,700 shares (Acquisition cost: 164,599,000 yen)
- Acquisition period: September 1, 2026–September 18, 2026
- Upper limit: 840,000 shares, Maximum acquisition amount: 1,000 million yen
AI要約
Overview of the Share Buyback
Sumitomo Seika Chemicals Company, Limited. conducted treasury stock acquisition during the period from September 1, 2026 to September 18, 2026, acquiring a total of 111,700 shares at an aggregate cost of 164,599,000 yen. At the meeting on May 12, an upper limit of 840,000 shares (approximately 1.3% of issued shares) and a maximum aggregate amount of 1,000 million yen were resolved based on the Articles of Incorporation, and with this acquisition the program has been completed.
Impact on Shareholders and Future Outlook
The completion of the acquisition signals efforts to curb dilution and represents part of shareholder returns through treasury stock purchases. The actual results are limited relative to the upper limits, but announcing the completion shows progress in capital policy and suggests continuity in initiatives to enhance shareholder value going forward.
Sumitomo Seika Chemicals Company, Limited.
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