SmartDrive inc.
Notice of Resolution Concerning the Acquisition of Treasury Shares
To return value to shareholders and improve capital efficiency, the company will acquire its marketable treasury shares up to 1,580,000 shares (4.2% of issued shares) with a total cap of 300 million yen. Acquisition period: 2026/06/17 to 2026/07/16. Current treasury shareholding: 326,628 shares.
Key Figures
- Treasury shares acquisition upper limit: 1,580,000 shares
- Total upper limit for treasury share acquisition: 300 million yen
- Acquisition period: June 17, 2026 – July 16, 2026
- Method of acquisition: Market purchases
- Current treasury shares outstanding: 326,628 shares
AI要約
Overview
At today's board meeting, we resolved to acquire treasury shares to enhance shareholder returns and improve capital efficiency. The target is ordinary shares, up to 1,580,000 shares (4.2% of issued shares), total cap of 300 million yen, acquisition period from June 17, 2026 to July 16, 2026, and method of acquisition is market purchases.
Impact on shareholders and background
This is to enable proactive capital policy by considering current share price trends and financial position, and is expected to enhance shareholder returns while contributing to the prevention of dilution. As of June 16, 2026, treasury shares held were 326,628 shares.
Smart Drive Co., Ltd.
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