Sysmex Corporation TSE:6869
Sysmex : Notice Regarding Share Repurchase and Cancellation of Treasury Stock
Source: MarketScreener
March 5, 2026 Sysmex Corporation
Notice Regarding Share Repurchase and Cancellation of Treasury Stock (Share Repurchase under articles of incorporation pursuant to the paragraph 2 of Article of 165 of the Companies Act of Japan, and cancellation of treasury stock pursuant to the Article of 178 of the Companies Act of Japan)Sysmex Corporation announces that its Board of Directors' meeting (in a written resolution) resolved today to determine the matters concerning share repurchases pursuant to the Article 156 of the Companies Act of Japan, as applied pursuant to paragraph 3 of Article 165 of the said act, and to cancel its treasury stock pursuant to the Article 178 of the said act.
Reason for share repurchase
In accordance with the mid-term management plan for the period ending in March 2029 announced today, we continue to improve capital efficiency and enhance shareholder returns as well as active business investment for our future growth. Under this policy, we have decided to repurchase our shares to improve shareholder value.
Furthermore, we have resolved to cancel all the treasury stocks which are acquired in this share repurchase.
Details of share repurchase
(1)
Class of shares to be repurchased
Common Stock
(2)
Total number of shares to be repurchased
Up to 30,000,000 shares
(The percentage compared to the total number of shares outstanding (excluding treasury stock): 4.81%)
(3)
Aggregate repurchase amount
Up to 30,000,000,000 JPY
(4)
Period for repurchase
March 6, 2026 to September 18, 2026
(5)
Method of repurchase
Market purchases on the Tokyo Stock Exchange
Details of cancellation
(1) | Class of shares to be cancelled | Common Stock |
(2) | Total number of shares to be cancelled | All of the shares repurchased as mentioned in 2 above |
(3) | Planned cancellation date | September 30, 2026 |
* The number of shares cancelled will be announced after completion of share repurchase as mentioned in 2 above.
(Reference) Status of treasury stock as of December 31, 2025
Number of outstanding shares (excluding treasury stock) | 623,180,031 shares |
Number of treasury stock | 6,300,045 shares |
(Note) We have introduced Executive Compensation BIP Trust and Stock-Granting Employee Stock Ownership Plan (ESOP) Trust. Our shares held by the trust are included in treasury stock