Topre Corporation TSE:5975
Topre : Notice Regarding the Acquisition of Treasury Shares and Purchase of Treasury Shares through Off-Auction Own Share Repurchase Trading System (ToSTNeT-3)
Source: MarketScreener
May 14, 2026
To whom it may concern,
Company name: Topre Corporation |
Representative: Yutaka Yamamoto, Representative Director, President, Executive Officer |
(Securities code: 5975, Prime Market of the Tokyo Stock Exchange) |
Inquiry: Takayuki Noda, Executive Officer, General Manager of General Affairs Dept. |
Tel. 03-3271-0711 |
(Acquisition of Treasury Shares Based on the Articles of Incorporation Pursuant to Article 165, Paragraph 2 of the Companies Act,
and Purchase of Treasury Shares through Off-Auction Own Share Repurchase Trading System
(ToSTNeT-3))
We hereby announce that at the Board of Directors meeting held on May 14, 2026, the Company resolved to acquire treasury shares and determined the specific method of acquisition, based on the provisions of Article 156 of the Companies Act, as applied under Article 165, Paragraph 3 of the same Act.
Details
Reason for the acquisition of treasury shares
To improve capital efficiency and enable the flexible execution of capital policies in response to changes in the management environment, the Company will carry out the purchase of treasury shares.
Method of acquisition
At today's closing price (including the final special quote) of 2,555 yen (May 14, 2026), we will place a purchase order through the Tokyo Stock Exchange's Off-Auction Own Share Repurchase Trading System (ToSTNeT-3) at 8:45 a.m. on May 15, 2026 (no other changes will be made to the trading system or trading hours).
This purchase order will be valid only during the specified trading time.
Details of acquisition
(1) Type of shares to be acquired | Common stock of the Company |
(2) Total number of shares to be acquired | Up to 1,155,000 shares (Percentage to total number of issued shares excluding treasury shares: 2.33%) |
(3) Total acquisition cost of shares | Up to 2,951,025,000 yen |
(4) Disclosure of acquisition results | The acquisition results will be announced after the close of trading at 8:45 a.m. on May 15, 2026. |
Notes 1. No changes will be made to the number of shares to be acquired. Please note that, depending on market conditions and other factors, there is a possibility that all or part of the acquisition may not be carried out.
2. Purchases will be made with sell orders corresponding to the number of shares to be acquired.
(For Reference) Treasury Shares Held as of March 31, 2026
Total number of issued shares excluding treasury shares: 49,591,558 shares Number of treasury shares: 3,214,863 shares
*The number of treasury shares mentioned above does not include the Company shares (173,163 shares) held by the Board Incentive Plan Trust account for
director compensation.
End