Shikoku Electric Power Company, Incorporated
Notice Regarding Purchase of Treasury Stock through Off-Auction Proprietary Purchase Transaction (ToSTNeT-3)
Shikoku Electric Power Company, Incorporated plans to repurchase 2,000,000 shares of treasury stock at 1,730 yen per share via the Tokyo Stock Exchange's ToSTNeT-3 transaction on February 17, 2026.
Key Figures
- Number of shares to be acquired: 2,000,000 shares (approximately 1.0% of total issued shares)
- Total acquisition amount: Within 3,500,000,000 yen
- Acquisition period: 2026-02-02 to 2026-02-27
AI要約
Overview of Capital Policy
Shikoku Electric Power Company, Incorporated has decided, pursuant to Article 165, Paragraph 3 of the Companies Act, to purchase 2,000,000 shares of treasury stock at the closing price of 1,730 yen per share on February 17, 2026, through the Tokyo Stock Exchange's Off-Auction Proprietary Purchase Transaction (ToSTNeT-3). The total acquisition amount will not exceed 3,500,000,000 yen, and the acquisition period is from February 2 to February 27, 2026. The purchase order is effective only during the transaction hours of the said trading day, and depending on market conditions, partial or no acquisition may occur.
Impact on Shareholders and Future Outlook
This treasury stock acquisition corresponds to approximately 1.0% of the total issued shares (excluding treasury stock) and aims to enhance shareholder value. The acquisition results are scheduled to be announced after the market close at 8:45 AM on February 17, 2026. The acquisition will reduce the number of shares outstanding, which is expected to improve per-share metrics; however, the specific impact will depend on the acquisition results.
