Tokyo Steel Manufacturing Co., Ltd.
Notice of Determination Regarding the Acquisition of Treasury Shares (Acquisition of Treasury Shares Based on the Provisions of Article 459, Paragraph 1 of the Companies Act)
Decision to acquire treasury shares of up to 27 billion yen, totaling 1,500,000 ordinary shares (1.46% of total issued shares), from May 1, 2026 to September 30, 2026.
Key Figures
- Maximum Number of Shares to be Acquired: 1,500,000 shares (1.46% of total issued shares)
- Maximum Total Acquisition Price: 27 billion yen
- Acquisition Period: May 1, 2026 – September 30, 2026
AI要約
Overview of Share Buyback
At the board of directors meeting held on April 24, 2026, Tokyo Steel Manufacturing Co., Ltd. resolved to acquire treasury shares pursuant to Article 459, Paragraph 1 of the Companies Act and Article 35 of the Articles of Incorporation, aiming for flexible capital policy execution. The target shares are the Company’s ordinary shares, with an upper limit of 1,500,000 shares (1.46% of total issued shares), and the total acquisition price shall not exceed 27 billion yen. The acquisition period is from May 1, 2026, to September 30, 2026.
Impact on Shareholders and Current Status
As of March 31, 2026, the total number of issued shares excluding treasury shares was 102,520,115 shares, with treasury shares held amounting to 7,544,134 shares. This acquisition will increase the ratio of treasury shares to total issued shares, allowing for flexible implementation of capital policy, although specific shareholder return measures and details of fund usage are not provided.
Tokyo Steel Manufacturing Co., Ltd.
Company overview · Stock price · Financial data · All IR
