Archion Announces Share Sale Price Determination
TOKYO, Jul 22 (Pulse News Wire) – ARCHION Corporation (543A.T) announced the determination of share sale prices for its ordinary shares following approval at a board meeting held on July 06, July 06, 2026. The total number of shares to be sold domestically through a buyback arrangement and internationally is 787,855,700.
Domestic sales involve 380,140,400 shares bought back by Daimler Truck AG, while international sales comprise 407,715,300 shares, also purchased by Daimler Truck AG and Toyota Motor Corporation. The selling price per share is set at July 22, 2026, resulting in a total value of ¥204.8 billion for the domestic and international sales combined. Subscription periods for domestic sales run from July 23 to July 24, July 23, 2026-July 24, 2026, with delivery scheduled for July 29, July 29, 2026.
Additionally, the company plans an oversubscription offering involving 118,178,300 shares at a price of ¥260 per share, totaling ¥30.73 billion. Subscriptions for this offer will also take place during the same period, with deliveries expected on July 29, July 29, 2026. The Green Shoe option exercise deadline is set for August 14, July 15, 2026.
Proceeds from the share sales will go to Daimler Truck AG and Toyota Motor Corporation, excluding the underwriters' proceeds, and no new shares will be issued as part of this transaction.
