Shikoku Electric Power Company, Incorporated
Notice Regarding Results of Share Buyback through Off-Hours Tender Offer (ToSTNeT-3) and Completion of Share Buyback
On February 17, 2026, 1,864,000 shares of treasury stock were acquired for 3,224,720,000 yen, and the share buyback based on the board resolution of January 30, 2026, has been completed.
Key Figures
- Number of Shares Acquired: 1,864,000 shares
- Acquisition Price: 3,224,720,000 yen
- Maximum Number of Shares to be Acquired: Up to 2,000,000 shares (Board Resolution)
AI要約
Overview of Share Buyback
Shikoku Electric Power Company, Incorporated acquired 1,864,000 common shares through the Tokyo Stock Exchange’s Off-Hours Tender Offer (ToSTNeT-3) on February 17, 2026, at a total amount of 3,224,720,000 yen. This acquisition was based on the board of directors’ resolution held on January 30, 2026, which set the maximum number of shares to acquire at 2,000,000 shares and the maximum acquisition amount at 3,500,000,000 yen.
Purpose of Acquisition and Future Outlook
In response to policy-driven share reduction intentions from corporate shareholders, the company comprehensively considered its financial condition and market environment and conducted the share buyback with the objectives of mitigating short-term stock supply-demand impact and improving capital efficiency. Through this, the company aims to enhance corporate value, and with this acquisition, the share buyback pursuant to the said board resolution has been completed.