Hokuriku Electric Industry Co.,Ltd.

6989.T
Electronic Components
2026/07/22 Updated
Market Cap: $118.5M (¥19.3B)
Stock Price: $15.10 (¥2,464)
Exchange Rate: 1 USD = ¥163.13

【Hokuriku Electric Industry】Share Buyback Completed|July 2026

Hokuriku Electric Industry announced that on July 22, 2026, it disposed of 4,008 treasury shares, raising a total of 9,971,904 yen. The disposal was allocated to five directors, and the payment process has been completed.

Importance:
Page Updated: July 22, 2026
IR Disclosure Date: July 22, 2026

Key Figures

  • Number of Treasury Shares Disposed: 4,008 shares
  • Disposal Price: 2,488 yen/share
  • Total Disposal Amount: 9,971,904 yen

AI要約

Overview of Capital Policy

Hokuriku Electric Industry disposed of 4,008 treasury shares on July 22, 2026. The disposal price was 2,488 yen per share, totaling 9,971,904 yen. This disposal was part of stock compensation with transfer restrictions and was allocated to five directors. The process has been completed, and no notification has been filed under the Financial Instruments and Exchange Act.

Impact on Shareholders and Future Outlook

This share buyback is considered part of capital efficiency improvement and shareholder return initiatives. The impact on the total outstanding shares issued is limited, but the Company intends to continue managing its capital policy appropriately and enhancing shareholder value. Information regarding dividends or share dilution has not been disclosed.

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

Hokuriku Electric Industry Co., Ltd.

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