Shikoku Electric Power Company, Incorporated TSE:9507
Shikoku Electric Power Incorporated : Notice Concerning the Results and Completion of Acquisition of Treasury Shares through Off-Auction Own Share Repurchase Transaction (ToSTNeT-3)
Source: MarketScreener
February 17, 2026
Company name: | Shikoku Electric Power Company, Incorporated |
Name of representative: | Yoshihiro Miyamoto, Director and President |
(Securities code: 9507; Prime Market, Tokyo Stock Exchange) | |
Inquiries: | Keiko Shirai, Manager of Stock Registration & Document Administration Group, General Affairs Dept. |
(Telephone: +81-87-821-5061) |
Shikoku Electric Power Company hereby announces that it conducted the following purchase in relation to the acquisition of treasury shares announced yesterday (February 16, 2026).
The Company also announces that the acquisition of treasury shares based on the resolution of its Board of Directors at a meeting held on January 30, 2026 has been completed with this acquisition.
Reason for acquisition of treasury shares
We have received notification from a corporate shareholder regarding their intention to sell shares of our common shares held by their company, based on their policy of reducing cross-shareholdings. We have decided to acquire treasury shares after comprehensive consideration of our financial situation, market conditions, and other factors, with the aim of mitigating the short-term impact of this sale on the supply and demand of our shares, while also improving capital efficiency and enhancing corporate value.
Details of acquisition
(1) | Class of shares acquired | Common shares |
(2) | Total number of shares acquired | 1,864,000 shares |
(3) | Acquisition cost | 3,224,720,000 yen |
(4) | Acquisition date | February 17, 2026 |
(5) | Acquisition method | Purchase through Off-Auction Own Share Repurchase Transaction (ToSTNeT-3) |
(Reference) Details of resolution concerning acquisition of treasury shares (announced on January 30, 2026)
(1) | Class of shares to be acquired | Common shares |
(2) | Total number of shares to be acquired | Up to 2,000,000 shares (1.0% of total number of issued shares (excluding treasury shares)) |
(3) | Total amount of share acquisition costs | Up to 3,500,000,000 yen |