Solasto Corporation
Notice Regarding the Suspension of Share Buyback and Acquisition Status (Share Buyback Based on Provisions of Article 165, Paragraph 2 of the Companies Act)
As of March 24, 2026, Solasto Corporation acquired 124,100 shares of treasury stock with an acquisition cost of 122,298,891 yen and resolved at the board meeting to suspend the share buyback. The cumulative number of shares acquired is 1,762,500 shares with an acquisition cost of 1,099,953,842 yen.
Key Figures
- Total number of shares acquired: 124,100 shares (March 1, 2026 – March 24, 2026)
- Total acquisition cost of shares: 122,298,891 yen (March 1, 2026 – March 24, 2026)
- Cumulative number of shares acquired: 1,762,500 shares (As of March 24, 2026)
AI要約
Suspension of Share Buyback and Acquisition Status
Solasto Corporation, based on the resolution on August 12, 2025, for share buyback (upper limit of 4,400,000 shares, acquisition cost limit of 1.4 billion yen, acquisition period from August 13, 2025 to May 31, 2026), had acquired a cumulative total of 1,762,500 shares with an acquisition cost of 1,099,953,842 yen as of March 24, 2026. However, since it decided to support the tender offer by MP-2605 Corporation and recommend shareholders to apply, the board of directors held on the same day resolved to suspend the share buyback. The number of shares acquired from March 1 to March 24, 2026, was 124,100 shares, with an acquisition cost of 122,298,891 yen.
Impact on Shareholders and Future Outlook
Due to the suspension of the share buyback, the initially planned upper limit acquisition of 4,400,000 shares was not completed. The support for and recommendation of participating in the tender offer are intended to encourage shareholders to participate in the tender offer, which may affect the future shareholder composition and capital policy. Investors need to carefully monitor developments regarding the tender offer.
Solasto Corporation
Company overview · Stock price · Financial data · All IR