Penta-ocean Construction Co., Ltd. TSE:1893

Penta Ocean Construction : Notice regarding Decision on Matters related to Repurchase of Own Shares

Published

Source: MarketScreener



May 8, 2026

Listed company name: Penta-Ocean Construction Co., Ltd.

Code number: 1893 Stock exchange: Tokyo Prime, Nagoya Premier

Notice regarding Decision on Matters related to Repurchase of Own Shares

(Repurchase of own shares based on the provisions of the Articles of Incorporation pursuant to Article 165, Paragraph 2 of the Companies Act of Japan)

Penta-Ocean Construction Co., Ltd. (hereinafter, the Company) hereby announces that at the Board of Directors Meeting held on May 8, 2026, the Company resolved matters related to the repurchase of its own shares in accordance with the provisions of Article 156 of the Companies Act, as applied by replacing certain terms pursuant to the provisions of Article 165, Paragraph 3 of the said Act, as described below.

  1. Reasons for the repurchase of own shares

    To strengthen the management base aiming for future corporate growth by capital enhancement, to improve profitability and increase corporate value through investment in technology development and in capital expenditures, and to enhance shareholder returns and improve capital efficiency through share repurchases in addition to provision of continuous and stable dividends to shareholders

  2. Details of mattes related to the repurchase

    1. Type of shares to be acquired:

    2. Total number of shares to be acquired:

    3. Total amount of acquisition:

      The common stock of the Company

      3,600,000 shares (upper limit) (equivalent to 1.3% of total number of shares issued excluding treasury shares)

      JPY 5,000,000,000 (upper limit)

    4. Acquisition period: May 11, 2026 through July 31, 2026

    5. Acquisition method: Market purchases on the Tokyo Stock Exchange

(Reference) Status of holdings of treasury shares as of March 31, 2026 Total number of shares issued (excluding treasury shares): 273,083,661 shares Number of treasury shares: 12,930,249 shares

(Note) Number of treasury shares includes 871,700 shares of the Company's stock held by the Board Benefit Trust (BBT)

End of document