TOKYO, Jun 01 (Pulse News Wire) – Alsok CO.,LTD. (2331.T) announced today that its board of directors, held on May 13, 2026, approved a share repurchase program based on Article 165 of the Companies Act.
According to the resolution, the company plans to repurchase up to 9,000,000 ordinary shares (representing 1.85% of outstanding shares excluding treasury stock). The total amount allocated for the repurchase is capped at ¥10.00 billion. The repurchase period will run from May 14, 2026, to May 31, 2026, through either ToSTNeT-3 off-market transactions or open market purchases on the Tokyo Stock Exchange.
As of May 31, 2026, ALSOK has not yet executed any share repurchases under this plan, resulting in a total number of 0 shares acquired and a cumulative expenditure of ¥0. The company's representative director, Group COO Ikuji Ebiki, stated that the decision reflects the company’s commitment to enhancing shareholder value and maintaining financial flexibility. For further inquiries, interested parties should 03-3,423-2331.
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