Tokyo Gas Co.,Ltd.
Notice Regarding the Determination of Matters Concerning Share Buyback
Tokyo Gas resolved to repurchase up to 12 million common shares with a total acquisition price ceiling of 500 billion yen from May 7 to September 30, 2026.
Key Figures
- Total number of shares that may be acquired: 12 million shares (3.6% of outstanding shares)
- Total acquisition price for shares: 50,000 million yen (maximum limit)
- Acquisition period: 2026-05-07 to 2026-09-30
AI要約
Overview of Share Buyback
At the Board of Directors meeting held on April 28, 2026, Tokyo Gas Co., Ltd. resolved, based on the provisions of Article 165, Paragraph 3 of the Companies Act and in line with its shareholder return policy, to repurchase up to 12 million common shares (equivalent to 3.6% of outstanding shares) with a total acquisition price limit of 50,000 million yen. The acquisition period is from May 7 to September 30, 2026, and the method of acquisition will be market purchases on the Tokyo Stock Exchange.
Shareholder Return Policy and Improvement of Capital Efficiency
The company's shareholder return policy centers on dividend increases aligned with medium- to long-term growth in earnings per share, aiming to provide stable returns on growth through a progressive dividend approach. Surplus funds are allocated to growth investments and share buybacks for capital control, aiming to achieve sustainable improvement in capital efficiency.
Tokyo Gas Co., Ltd.
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