Tachibana Eletech Co., Ltd.
Notification Regarding the Status of Share Buyback and Completion of Acquisition (Acquisition of Treasury Stock Based on the Provisions of Article 459, Paragraph 1 of the Companies Act)
From February 1 to February 26, 2026, 86,000 shares were acquired for a total of 289,104,000 yen, bringing the cumulative total of shares acquired to 1,000,000 shares and the total acquisition cost to 2,939,937,800 yen, completing the acquisition.
Key Figures
- Total Number of Shares Acquired (as of February 26, 2026): 1,000,000 shares
- Total Acquisition Cost of Shares (Cumulative): 2,939,937,800 yen
- Number of Shares Acquired This Period (February 1, 2026 – February 26, 2026): 86,000 shares
AI要約
Overview of Treasury Stock Acquisition
Tachibana Eletec Co., Ltd. executed a share buyback pursuant to a resolution of the Board of Directors dated May 12, 2025, in accordance with the provisions of Article 459, Paragraph 1 of the Companies Act. Between February 1 and February 26, 2026, the company acquired 86,000 shares through market purchase on the Tokyo Stock Exchange for a total of 289,104,000 yen. As a result, the cumulative total of shares acquired reached 1,000,000 shares and the total acquisition cost reached 2,939,937,800 yen, completing the treasury stock acquisition under the aforementioned Board resolution.
Impact on Shareholders and Future Outlook
This treasury stock acquisition was conducted within a limit of 4.35% of the total number of issued shares (excluding treasury stock) and aims to enhance shareholder value. The acquisition method was market purchase, and while the source of funds remains unspecified, the purchase is presumed to be part of efforts to prevent share dilution and return value to shareholders. There is no indication of future policies or plans for additional share buybacks at this time, and this report marks the completion of the program.
