Osaki Electric Co., Ltd.

6644.T
Scientific & Technical Instruments
2026/02/19 Updated
Market Cap: $457.7M (¥70.2B)
Stock Price: $10.26 (¥1,574)
Exchange Rate: 1 USD = ¥153.37

Notice Regarding the Decision on Matters Concerning Treasury Stock Acquisition (Acquisition of Treasury Stock Based on the Provisions of Article 165, Paragraph 2 of the Companies Act)

Osaki Electric Co., Ltd. has decided to acquire 1,500,000 shares of treasury stock (3.4% of the total number of issued shares, with an upper limit of 2,500,000,000 yen) on the Tokyo Stock Exchange from February 20, 2026 to September 30, 2026.

Importance:
Page Updated: February 19, 2026
IR Disclosure Date: February 19, 2026

Key Figures

  • Upper Limit of Shares to be Acquired: 1,500,000 shares (3.4% of total issued shares)
  • Upper Limit of Acquisition Price: 2,500,000,000 yen
  • Acquisition Period: 2026-02-20 to 2026-09-30

AI要約

Overview of Capital Policy

At the Board of Directors meeting held on February 19, 2026, Osaki Electric Co., Ltd. resolved matters concerning treasury stock acquisition. The purpose of the acquisition is to improve capital efficiency and strengthen shareholder returns based on the management policy announced on May 9, 2024, which focuses on capital costs and stock price considerations. The shares to be acquired are common shares, with an acquisition upper limit of 1,500,000 shares (3.4% of the total number of issued shares) and a total acquisition price upper limit of 2,500,000,000 yen. The acquisition method is market purchases on the Tokyo Stock Exchange, and the acquisition period is from February 20, 2026 to September 30, 2026.

Impact on Shareholders and Current Status

As of December 31, 2025, the status of treasury stock holdings was 44,596,914 shares of total issued shares (excluding treasury stock), and 2,320,266 shares of treasury stock. This treasury stock acquisition aims to improve capital efficiency and is expected to contribute to enhanced shareholder returns. The number of shares to be acquired represents 3.4% of the total issued shares and is positioned as an important capital policy to enhance shareholder value.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.