Shimano Inc.
Notice Regarding the Status of Treasury Stock Acquisition (Share Buyback Based on the Provisions of Article 165, Paragraph 2 of the Companies Act)
Acquired 267,500 shares of common stock for 4,399,751,500 yen during March 1 to March 31, 2026, bringing the cumulative acquisition to 432,500 shares totaling 7,085,951,500 yen.
Key Figures
- Total Number of Shares Acquired: 267,500 shares (March 1 to March 31, 2026)
- Total Acquisition Price: 4,399,751,500 yen (March 1 to March 31, 2026)
- Cumulative Number of Shares Acquired: 432,500 shares (After Board Resolution on February 10, 2026)
AI要約
Overview of Treasury Stock Acquisition
Shimano Inc. acquired 267,500 shares of common stock for a total of 4,399,751,500 yen during the period from March 1 to March 31, 2026, based on the provisions of Article 165, Paragraph 2 of the Companies Act. This acquisition is pursuant to the resolution of the Board of Directors on February 10, 2026, executed within the upper limits of 2,950,000 shares and 50,000,000,000 yen for acquisition price. The cumulative number of shares acquired amounts to 432,500 shares with a cumulative acquisition price of 7,085,951,500 yen.
Impact on Shareholders and Future Outlook
This treasury stock acquisition was carried out through market purchases and ToSTNeT-3 purchase methods, under a maximum limit of approximately 3.4% of the total outstanding shares. The acquisition aims to enhance shareholder value and is planned to continue through to January 31, 2027. Although specific uses of funds are not detailed, it is considered part of the shareholder return strategy.