Makita Corporation
Notice Regarding the Resolution on the Acquisition of Treasury Stock (Share Buyback Pursuant to Article 459, Paragraph 1 of the Companies Act and Provisions of the Articles of Incorporation)
Makita Corporation has resolved to acquire treasury stock up to 10,000,000 shares of common stock (3.78% of the total issued shares) with a total purchase amount capped at 40 billion yen, for the period from January 30, 2026 to May 31, 2026.
Key Figures
- Total Number of Shares to be Acquired: 10,000,000 shares (maximum)
- Total Purchase Price of Shares: 40 billion yen (maximum)
- Acquisition Period: 2026-01-30 to 2026-05-31
AI要約
Overview of Treasury Stock Acquisition
Makita Corporation resolved at the Board of Directors meeting held on January 29, 2026, pursuant to Article 459, Paragraph 1 of the Companies Act and the provisions of its Articles of Incorporation, to acquire treasury shares up to 10,000,000 shares of common stock (3.78% of total issued shares), with a total purchase amount capped at 40 billion yen. The acquisition period is from January 30, 2026 to May 31, 2026. The purpose is to implement a flexible capital policy based on the basic policy on profit distribution.
Impact on Shareholders and Current Status
As of December 31, 2025, the total number of issued shares excluding treasury stock was 264,510,925 shares, and treasury shares held amounted to 15,506,595 shares. This treasury stock acquisition corresponds to approximately 3.78% of the total issued shares and aims to enhance capital efficiency as part of shareholder returns. Specific acquisition methods and market impact may vary depending on future circumstances.
