Osaki Electric Co., Ltd.
Notice of Resolution on Treasury Stock Acquisition and Cancellation
Acquisition of treasury stock equivalent to 4.61%, up to 2,000,000 shares, with a total amount up to 3,000 million yen, to be purchased on the market from 2026/11/06 to 2027/04/30. Concurrently, 5.33% of shares (2,500,000 shares) will be cancelled; the total number of issued shares after cancellation will be 44,417,180 shares, scheduled cancellation date 2026/11/30.
Key Figures
- Maximum number of shares to be acquired: 2,000,000 shares
- Number of shares to be cancelled: 2,500,000 shares
- Total issued shares after cancellation: 44,417,180 shares
AI要約
Outline of Capital Policy
Osaki Electric Co., Ltd. has decided to implement a treasury stock acquisition and cancellation. The acquisition target is common shares with an upper limit of 2,000,000 shares and a total amount cap of 3,000 million yen. The acquisition period is from November 6, 2026 to April 30, 2027. Concurrently, 2,500,000 shares are scheduled to be cancelled on November 30, 2026, and the total number of issued shares after the cancellation will be 44,417,180 shares.
Impact on Shareholders and Future Outlook
The acquisition and cancellation of treasury stock aim to improve capital efficiency and enhance shareholder returns, potentially leading to a reduction in the number of outstanding shares and mitigation of dilution. The company will continuously consider the balance of cash on hand, working capital, recent performance, share price, and investment projects.
Osaki Electric Co., Ltd.
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