TOKYO, May 14 (Pulse News Wire) – Amada CO.,LTD. (6113.T) announced today that its board of directors has decided to repurchase shares based on Article 156 of the Companies Act, as amended by Article 165(3).
Additionally, the company plans to cancel shares according to Article 178 of the Companies Act. The primary reasons for these actions are to enhance capital efficiency and improve shareholder returns through flexible capital management strategies. Under the buyback plan, AMADA intends to acquire up to 25,000,000 ordinary shares (representing 8.0% of outstanding shares excluding treasury stock) at a total cost of up to ¥50.00 billion.
The share repurchase will take place through open-market purchases on the Tokyo Stock Exchange from June 01, 2026 to March 31, 2027. Regarding the cancellation of shares, AMADA will eliminate all acquired treasury shares. The scheduled cancellation date is set for March 31, 2027.
As of March 31, 2026, AMADA had 6,760,430 treasury shares out of a total of 310,690,987 outstanding shares excluding treasury stock.
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