Maruichi Steel Tube Ltd.
Notice Regarding the Status and Completion of Share Buybacks (Buyback of Treasury Stock Based on Provisions of Article 459, Paragraph 1, Item 1 of the Companies Act)
From February 1 to February 28, 2026, 604,200 shares of treasury stock were acquired at a total amount of 964,185,450 yen, and the acquisition based on the board resolution dated May 9, 2025, has been completed.
Key Figures
- Number of shares acquired (February 2026): 604,200 shares
- Total acquisition amount (February 2026): 964,185,450 yen
- Cumulative number of shares acquired (as of February 28, 2026): 8,882,300 shares
AI要約
Overview of Treasury Stock Acquisition
Maruichi Steel Tube Ltd. has conducted a treasury stock acquisition pursuant to a board resolution dated May 9, 2025, in accordance with the provisions of Article 459, Paragraph 1, Item 1 of the Companies Act. The acquisition period was initially scheduled from June 23, 2025, to March 31, 2026, but was completed as of February 28, 2026. The acquired shares are common shares of the company; in February 2026, 604,200 shares were acquired for a total of 964,185,450 yen. The cumulative total amounts to 8,882,300 shares acquired for a total of 11,999,953,750 yen.
Acquisition Conditions and Impact of Stock Split
The upper limit of shares available for acquisition was set at 9,000,000 shares (3.92% of the total issued shares), and the upper limit of the acquisition value was set at 12 billion yen. Additionally, at the board meeting on July 7, 2025, a stock split of three shares for one common share was resolved, and the upper limit of shares that could be acquired is based on the post-split figures. The acquisition method was conducted through market purchases on the Tokyo Stock Exchange and ToSTNeT-3.
