Osaki Electric Co., Ltd.
Notice Regarding the Status of Treasury Stock Acquisition (Acquisition of Treasury Stock Based on the Provisions of Article 165, Paragraph 2 of the Companies Act)
Acquired 16,700 shares of treasury stock for 28,413,900 yen during the period from February 20 to February 28, 2026. The Board of Directors resolved to acquire up to 1,500,000 shares for a total amount of up to 2,500,000,000 yen.
Key Figures
- Total Number of Shares Acquired: 16,700 shares (as of February 28, 2026)
- Total Purchase Price of Shares: 28,413,900 yen (as of February 28, 2026)
- Acquisition Limit Number of Shares: 1,500,000 shares (equivalent to 3.4% of total issued shares)
AI要約
Overview of Treasury Stock Acquisition
Osaki Electric Co., Ltd. has been implementing treasury stock acquisitions pursuant to the resolution of the Board of Directors on February 19, 2026, in accordance with the provisions of Article 165, Paragraph 3 of the Companies Act. Between February 20 and February 28, 2026, the company acquired 16,700 shares of treasury stock worth 28,413,900 yen through market purchases on the Tokyo Stock Exchange. The acquisition limit is set at 1,500,000 shares or 2,500,000,000 yen, with the acquisition period extending from February 20 to September 30, 2026.
Impact on Shareholders and Future Outlook
This treasury stock acquisition is capped at 3.4% of the total number of issued shares excluding treasury stock, aiming to enhance shareholder value. The acquisition method is market purchase, considered part of improving capital efficiency and shareholder return initiatives. The company plans to continue conducting treasury stock acquisitions systematically based on Board of Directors' resolutions.
