JVCKENWOOD Corporation
Notice Regarding the Results of Share Buyback and Termination of Acquisition (Share Buyback Based on the Provision of Article 459, Paragraph 1 of the Companies Act)
JVC Kenwood Corporation acquired 1,363,600 shares of treasury stock between March 2, 2026, and March 13, 2026, at a total acquisition cost of 1,638,044,900 yen, bringing the cumulative total number of shares acquired to 2,435,400 and the total acquisition cost to 2,999,960,000 yen.
Key Figures
- Total Number of Shares Acquired (This Acquisition): 1,363,600 shares
- Total Acquisition Cost of Shares (This Acquisition): 1,638,044,900 yen
- Cumulative Shares Acquired: 2,435,400 shares (approximately 81% of the acquisition limit of 3 million shares)
AI要約
Status of Share Buyback
JVC Kenwood Corporation, based on the board resolution dated February 3, 2026, acquired 1,363,600 shares of treasury stock through market purchases on the Tokyo Stock Exchange during the period from March 2, 2026 to March 13, 2026. The total acquisition cost amounted to 1,638,044,900 yen. Consequently, the cumulative total number of shares acquired under this resolution is 2,435,400 shares, with a cumulative acquisition cost of 2,999,960,000 yen. All acquired treasury shares are planned to be cancelled, with the cancellation date to be notified after a board resolution scheduled for late March 2026.
Impact on Shareholders and Future Plans
This share buyback was implemented with an upper limit of approximately 1.8% of the total number of issued shares excluding treasury stock of 142,076,212 shares. The acquisition upper limits were set at 3 million shares and 3 billion yen respectively. All acquired shares are planned to be cancelled, which is expected to enhance shareholder value and improve per-share indicators. The treasury shares held total 21,923,989 shares, excluding shares held in trust for directors and employees.
