Hiroshima Electric Railway Co.,Ltd.

2026/07/24 Updated
Market Cap: $115.9M (¥19.0B)
Stock Price: $3.81 (¥625)
Exchange Rate: 1 USD = ¥163.93

Completion of Share Buyback of Restricted Stock-Based Compensation|July 2026

Hiroshima Electric Railway Co., Ltd. disposed of 12,017 shares of treasury stock as restricted stock-based compensation at 624 yen per share on July 24, 2026, raising a total of 7,498,608 yen.

Importance:
Page Updated: July 24, 2026
IR Disclosure Date: July 24, 2026

Key Figures

  • Number of Shares Disposed: 12,017 shares
  • Disposal Amount: 7,498,608 yen
  • Disposal Price per Share: 624 yen

AI要約

Summary of the Disposal

On July 24, 2026, Hiroshima Electric Railway Co., Ltd. disposed of 12,017 shares of treasury stock at 624 yen per share as part of its restricted stock-based compensation plan. This raised a total of 7,498,608 yen, aiming to return value to shareholders and strengthen executive compensation systems. The disposal was allocated to 6 directors, and the payment procedures have been completed, which we are pleased to inform.

Future Outlook and Impact on Shareholders

This share buyback aims to enhance shareholder value and strengthen executive incentives. The dilution of shares due to the disposal is expected to be limited, and the impact on the company's financial position is minimal. Hiroshima Electric Railway Co., Ltd. will continue to promote appropriate capital policies and prioritize shareholder returns in its management.

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

Hiroshima Electric Railway Co., Ltd.

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