Kintetsu Department Store Co., Ltd.

8244.T
Department Stores
2026/03/05 Updated
Market Cap: $428.6M (¥67.6B)
Stock Price: $10.80 (¥1,703)
Exchange Rate: 1 USD = ¥157.73

Notice Regarding the Sale Status and Completion of Sale of Our Shares Due to the Establishment of the Share Supply-Demand Buffer Trust®

Between March 1 and 3, 2026, we sold 21,800 shares of our common stock for 38,427,800 yen, completing the stock sale under the Share Supply-Demand Buffer Trust.

Importance:
Page Updated: March 4, 2026
IR Disclosure Date: March 4, 2026

Key Figures

  • Total shares sold: 21,800 shares (March 1 to 3, 2026)
  • Total sale amount: 38,427,800 yen (March 1 to 3, 2026)
  • Cumulative shares sold: 1,758,900 shares (as of March 3, 2026)

AI要約

Overview of Share Sales

Kintetsu Department Store Co., Ltd. sold 21,800 shares of its common stock at 38,427,800 yen on the exchange’s on-market trading from March 1 to 3, 2026, based on the Share Supply-Demand Buffer Trust® established on October 11, 2024. This completed all share sales under this trust. The cumulative total shares sold amount to 1,758,900 shares, with total sale proceeds of 3,422,542,657 yen.

Impact on Shareholders and Background

This trust was established by resolution of the Board of Directors on October 11, 2024, covering up to 2,000,000 shares over the period from October 11, 2024, to October 9, 2026. These measures are part of efforts to maintain compliance with the listing maintenance standards of the Standard Market as of February 28, 2025, aiming to stabilize stock supply and demand. Completion of the sale under this trust ensures continuous compliance with the listing maintenance standards.

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