Chubu Steel Plate Co., Ltd.
Notice Regarding the Determination of Offering Price, etc.
Chubu Steel Plate Co., Ltd. has decided at the Board of Directors meeting on March 5, 2026, the offering price of shares at 2,058 yen per share, totaling approximately 3,369,151,800 yen. An overallotment of 240,000 shares is also planned to be offered at the same price.
Key Figures
- Offering Price: 2,058 yen per share
- Total Offering Price: 3,369,151,800 yen
- Overallotment Offering Shares: 240,000 shares
AI要約
Overview of Capital Policy
At the Board of Directors meeting held on February 25, 2026, Chubu Steel Plate Co., Ltd. determined the offering price and related terms regarding the share offering. The offering price is set at 2,058 yen per share, with the total offering amount approximately 3,369,151,800 yen. The underwriting price is 1,972.24 yen per share, with the total underwriting amount approximately 3,228,754,100 yen. Additionally, 240,000 shares will be offered under the overallotment provision at the same price. The offering price was set at a 4.01% discount compared to the reference price of 2,144 yen as of March 5, 2026. The subscription period is March 6, 2026, and the settlement date is March 12, 2026.
Impact on Shareholders and Future Outlook
This offering will be conducted through purchase underwriting by the underwriters, who will buy at the underwriting price and subsequently sell at the offering price. This is expected to increase the number of shares available for trading in the market, potentially affecting shareholder composition and liquidity. The syndicate covering period is set from March 7 to March 25, 2026. No specific information regarding the use of proceeds or detailed objectives is provided in this document.
