OBIC Co.,Ltd.
Notice Regarding the Resolution on Share Buyback and Cancellation of Treasury Stock
Share buyback upper limit of 10,000,000 shares, total acquisition value of 50 billion yen, period from April 22, 2026 to March 31, 2027. Treasury stock cancellation is planned for 16,000,000 shares, resulting in an outstanding share count of 482,000,000 shares after cancellation.
Key Figures
- Share Buyback Upper Limit: 10,000,000 shares (2.3% of total issued shares)
- Total Share Buyback Acquisition Value: 50 billion yen (upper limit)
- Number of Shares to be Cancelled: 16,000,000 shares (3.2% of total issued shares)
AI要約
Overview of Capital Policy
Obic Co., Ltd. resolved at the Board of Directors meeting held on April 21, 2026, matters concerning the acquisition and cancellation of treasury stock. The purpose of the share buyback is to improve capital efficiency, enhance shareholder returns, and execute flexible capital policies responsive to changes in the business environment. The target for acquisition is the company’s common shares, with an upper limit of 10,000,000 shares and a total acquisition value of 50 billion yen. The acquisition period is from April 22, 2026 to March 31, 2027. The method of acquisition will be market purchases on the Tokyo Stock Exchange.
Details of Treasury Stock Cancellation and Impact on Shareholders
Regarding the cancellation of treasury stock, 16,000,000 shares of the company’s common stock are planned to be cancelled. The scheduled cancellation dates are 6,000,000 shares on May 29, 2026, and the remaining 10,000,000 shares on March 31, 2027. After cancellation, the total number of issued shares will be 482,000,000 shares. As of March 31, 2026, the number of treasury shares held was 64,666,610 shares. This cancellation is expected to suppress dilution of issued shares and improve capital efficiency.
