Planned acquisition of 33,500,100 shares of treasury stock (16.92%), upper limit of acquisition price set at 223.68 billion yen, scheduled implementation from April 28 to June 30, 2026. Acquisition funds will be procured through a 230 billion yen loan from Mizuho Bank.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"1944","jir_company_name":"Kinden Corporation","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-04-27","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/04\/1944-20260427-03.pdf","jir_short_summary":"Planned acquisition of 33,500,100 shares of treasury stock (16.92%), upper limit of acquisition price set at 223.68 billion yen, scheduled implementation from April 28 to June 30, 2026. Acquisition funds will be procured through a 230 billion yen loan from Mizuho Bank.","jir_summary":"### Overview of Share Buyback and Tender Offer\nKinden Corporation resolved at the Board of Directors meeting held on April 27, 2026, to conduct a share buyback and a tender offer for treasury stock. The number of shares planned for acquisition is 33,500,100 shares (equivalent to 16.92% of total outstanding shares), with an upper limit on the acquisition price of approximately 223.68 billion yen. The tender offer price was set at \u00a56,677 per share, applying an 11% discount to the 3-month average closing price of \u00a57,502 until April 24, 2026. The tender offer period is 21 business days from April 28 to June 1, 2026. The acquisition funds are planned to be procured through a \u00a5230 billion loan from Mizuho Bank, and the buyback will be conducted while maintaining financial soundness.\n\n### Cancellation of Treasury Stock and Capital Relationship with Kansai Electric Power\nThe acquired treasury stock is scheduled to be cancelled on June 30, 2026, contingent upon approval of the appropriation of reserves at the annual shareholders meeting held on the same day. This tender offer is related to the sale of some ordinary shares held by the major shareholder, Kansai Electric Power Group (33,500,000 shares), and the cooperative relationship with Kansai Electric Power will continue. Kansai Electric Power will maintain approximately 24.33% shareholding after the tender offer and will continue its partnership aimed at ensuring safe and stable electricity supply.","jir_financial_highlights":"Number of Shares to be Acquired: 33,500,100 shares (maximum) (Equivalent to 16.92% of total outstanding shares)\nTotal Acquisition Price: \u00a5223,680,167,700 (maximum) (Unknown)\nTender Offer Price: \u00a56,677 per share (11% discount compared to the 3-month average closing price of \u00a57,502 until April 24, 2026)\nBorrowed Amount: \u00a5230 billion (Allocated for treasury stock acquisition funds)\nScheduled Cancellation Date of Treasury Stock: June 30, 2026 (Cancellation planned following acquisition)","jir_category":"","jir_hashtags":"#KindenCorporation, #ShareBuyback, #CapitalPolicy, #KansaiElectricPower, #JapaneseStocks","jir_key_figures":"Number of Shares to be Acquired: 33,500,100 shares (16.92% of total outstanding shares)\nTotal Acquisition Price (maximum): \u00a5223,680,167,700\nTender Offer Price: \u00a56,677 (11% discount compared to 3-month average closing price of \u00a57,502)","jir_meta_title":"[Kinden Corporation] Decision on 223.68 Billion Yen Share Buyback\uff5cApril 2026","jir_meta_description":"Kinden Corporation plans to acquire 33,500,100 shares of treasury stock (16.92%). The upper limit on acquisition price is 223.68 billion yen, with a tender offer price discounted 11% from the 3-month average closing price. Funds will be procured through a loan from Mizuho Bank.","jir_og_title":"[Kinden Corporation] Decision on 223.68 Billion Yen Share Buyback\uff5cApril 2026","jir_og_description":"Kinden Corporation plans to acquire 33,500,100 shares of treasury stock. The tender offer price is discounted 11% from the 3-month average closing price. Funds raised through borrowing from Mizuho Bank.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":7480,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"share_buyback","footnotes":""},"sector":[],"importance":[],"class_list":["post-42876","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n