Kanamoto Co., Ltd. | |
Stock Code 9678 | |
Tokyo Stock Exchange Prime Market, Sapporo Stock Exchange | |
President and CEO | Tetsuo Kanamoto |
Director and Corporate Officer, Division Manager, Accounting Division and General Manager, Public Relations Office | Shun Hirose |
Telephone: +81-11-209-1631 | |
(Purchase of treasury shares based on the provisions of the Articles of Incorporation pursuant to the provisions of Article 165, paragraph (2) of the Companies Act)
Kanamoto Co., Ltd. hereby announces that at a meeting of the Board of Directors held today, it has resolved matters relating to the purchase of treasury shares as follows, based on the provisions of Article 156 of the Companies Act, as applied by replacing the relevant terms pursuant to the provisions of Article 165, paragraph (3) of the same Act.
Reason of purchase of treasury shares
To enhance shareholder returns and improve capital efficiency, while also enabling flexible capital policy to be executed in the future.
Details of matters relating to purchase
(1) | Type of shares to be purchased | Common shares of the Company | |
(2) | Total number of shares to be purchased | 900,000 shares (maximum) | |
(2.58% of the total number of shares outstanding, excluding treasury shares) | |||
(3) | Total acquisition price of shares to be purchased | ¥3.0 billion (maximum) | |
(4) | Acquisition period | December 8, 2025 – June 30, 2026 | |
(5) | Acquisition method | Purchase by stock exchange market | |
(Reference) Holding status of treasury shares as of October 31, 2025 | |||
Total number of shares outstanding (excluding treasury shares) | 34,825,177 shares | ||
Number of treasury shares | 3,917,064 shares | ||