Espec Corp.
Notice Regarding Status of Treasury Stock Acquisition (Acquisition of Treasury Stock Based on Articles of Incorporation under Article 165, Paragraph 2 of the Companies Act)
From March 1 to March 18, 2026, the company acquired 95,000 shares of its common stock for 332,248,496 yen, bringing the cumulative total to 550,000 shares and a total acquisition price of 1,907,147,973 yen as of March 31, 2026.
Key Figures
- Total Number of Shares Acquired: 95,000 shares (March 1 to March 18, 2026)
- Total Acquisition Price of Shares: 332,248,496 yen (Same Period)
- Cumulative Number of Shares Acquired: 550,000 shares (as of March 31, 2026)
AI要約
Overview of Treasury Stock Acquisition
Espec Corporation, based on the board resolution dated November 13, 2025, is conducting treasury stock acquisition by market purchase up to 900,000 shares of its common stock (equivalent to 4.05% of issued shares), with an upper limit acquisition price of 3.5 billion yen, during the period from November 14, 2025, to July 31, 2026. Between March 1 and March 18, 2026, it acquired 95,000 shares for 332,248,496 yen, bringing the cumulative total to 550,000 shares with a total acquisition price of 1,907,147,973 yen as of March 31, 2026.
Impact on Shareholders and Future Outlook
This treasury stock acquisition is capped at 4.05% of the total issued shares and aims to enhance shareholder value. The acquisition method is market purchase on the Tokyo Stock Exchange, and acquisitions will continue within the scope of the board resolution. There is no description regarding cancellation of acquired shares, so attention is needed on future capital policy trends.
