Daido Metal Co., Ltd.
Notice Regarding Status of Treasury Stock Acquisition (Acquisition of Treasury Stock Based on the Provisions of Article 459, Paragraph 1 of the Companies Act)
Acquired 117,900 shares of treasury stock from April 20 to April 30, 2026, for approximately 104.99 million yen. This utilized part of the acquisition limit of up to 1,200,000 shares and 1 billion yen based on the board resolution.
Key Figures
- Total Number of Shares Acquired: 117,900 shares (as of April 30, 2026)
- Total Acquisition Cost of Shares: 104,988,200 yen (as of April 30, 2026)
- Acquisition Limit by Board Resolution: 1,200,000 shares (2.5% of total issued shares)
AI要約
Overview of Treasury Stock Acquisition
Daido Metal Co., Ltd. conducted a treasury stock acquisition in accordance with Article 459, Paragraph 1 of the Companies Act and Article 43 of the Articles of Incorporation based on the board resolution dated March 10, 2026. The acquisition target was the company’s common shares, with 117,900 shares acquired through market purchases during the period from April 20 to April 30, 2026, at a total acquisition cost of 104,988,200 yen. The board resolution sets a maximum acquisition of 1,200,000 shares, an acquisition cost ceiling of 1 billion yen, and an acquisition period through August 31, 2026.
Impact on Shareholders and Future Acquisition Plans
This acquisition was conducted within an upper limit of approximately 2.5% of the total issued shares (excluding treasury stock) and aims to improve capital efficiency. As of April 30, 2026, the cumulative number of shares acquired is 117,900 shares, with a total acquisition cost of about 104.99 million yen. Going forward, the company plans to continue treasury stock acquisition within the scope of the board resolution, considering market conditions and other factors.
Daido Metal Co., Ltd.
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