Okabe Co., Ltd.
Notice Regarding the Status of Treasury Stock Acquisition (Based on the Provision of Article 459, Paragraph 1 of the Companies Act)
Acquired 298,700 shares of treasury stock worth a total of JPY 305,701,300 from February 16 to 28, 2026. The Board of Directors resolution allows acquisition up to 1,700,000 shares and JPY 1.5 billion.
Key Figures
- Total number of shares acquired: 298,700 shares (February 16–28, 2026)
- Total acquisition value: JPY 305,701,300 (same period)
- Board of Directors resolution acquisition limit: 1,700,000 shares (approximately 3.71% of total issued shares)
AI要約
Overview of Treasury Stock Acquisition
Okabe Co., Ltd. acquired 298,700 shares of treasury stock through market purchases on the Tokyo Stock Exchange from February 16 to February 28, 2026, pursuant to the provisions of Article 459, Paragraph 1 of the Companies Act. The total acquisition value was JPY 305,701,300. The Board of Directors resolution sets the maximum number of shares to be acquired at 1,700,000 shares, the maximum acquisition value at JPY 1.5 billion, and the acquisition period from February 16 to July 24, 2026.
Impact on Shareholders and Future Outlook
The current treasury stock acquisition corresponds to an upper limit of approximately 3.71% of the total issued shares (excluding treasury stock), aiming to enhance shareholder value. The acquisition method is market purchase, and there is a possibility of continuing treasury stock acquisitions within the scope of Board of Directors resolutions. Although details on funding use and specific dilution rates are not provided, this is notable as part of shareholder return initiatives.
