Alsok Completes Share Repurchase Program; Acquires Over 1 Million Shares

TOKYO, Aug 05 (Pulse News Wire) – Alsok CO.,LTD. (2331.T) completed its share repurchase program on August 05, acquiring a total of 8,916,600 shares through the ToSTNeT-3 system operated by the Tokyo Stock Exchange.

The total cost of the repurchased shares was ¥10 billion. This concludes the share buyback plan approved by the board of directors on May 13, which aimed to acquire up to 9,000,000 shares, representing 1.85% of outstanding shares excluding treasury stock.

The repurchase period was set from May 14 to August 04, with the option to purchase through either the ToSTNeT-3 system or open-market transactions. As of August 05, ALSOK had cumulatively acquired 8,916,600 shares at a total value of ¥10 billion.