Odakyu Electric Railway Co., Ltd.

2026/08/21 Updated
Market Cap: $3.7B (¥591.5B)
Stock Price: $10.86 (¥1,727)
Exchange Rate: 1 USD = ¥158.98

Announcement Regarding Share Buyback

From June 1 to June 30, the company acquired 1,793,100 ordinary shares through market purchases, with a total acquisition price of 2,954,604,934 yen. The upper limit per previous resolutions is 16,000,000 shares (4.60% of issued shares). Cumulative acquired shares total 3,059,500 shares, with a total amount of 5,069,070,031 yen.

Importance:
Page Updated: July 1, 2026
IR Disclosure Date: July 1, 2026

Key Figures

  • Acquired shares (period): 1,793,100 shares
  • Acquisition value (period): 2,954,604,934 yen
  • Cumulative acquired shares: 3,059,500 shares
  • Cumulative acquired value: 5,069,070,031 yen
  • Acquisition period: June 1, 2026 to June 30, 2026
  • Upper limit on shares: 16,000,000 shares
  • Upper limit acquisition value: 20,000,000,000 yen

AI要約

Overview of the buyback

This notice discloses the status of the company’s share buyback pursuant to the Companies Act, covering ordinary shares, for the period June 1, 2026 to June 30, 2026, and conducted via market purchases. The number of shares acquired this period is 1,793,100, totaling 2,954,604,934 yen, with cumulative totals of 3,059,500 shares and 5,069,070,031 yen. The upper limit is 16,000,000 shares (4.60%), and future buyback policy will be in line with the resolution.

Background and future impact

On May 13, 2026, the board resolved the buyback cap, and this disclosure reports progress in line with that policy. Share buybacks are positioned as a shareholder return measure, potentially aiming to reduce dilution and stabilize the share price. Attention is needed on whether additional acquisitions will occur and the progress of the period.

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

Odakyu Electric Railway Co., Ltd.

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