Asanuma decides to repurchase own shares

TOKYO, Jun 25 (Pulse News Wire) – Asanuma Corporation (1852.T) announced that it has resolved to repurchase its own shares through a board meeting held on June 25. The decision was made based on the provisions stipulated in Article 165(2) of the Companies Act, which allows for self-share repurchases under Article 156.

The primary reasons for the share repurchase include providing incentives for sustained corporate value enhancement and fostering greater value-sharing with shareholders. Specifically, the company plans to introduce restricted stock award systems for executives and employees aimed at delivering shares associated with these programs.

Key details of the repurchase plan are as follows: - Type of shares to be repurchased: Ordinary shares of Asanuma Corporation - Total number of shares that can be acquired: Up to 300,000 shares (representing 0.37% of outstanding shares excluding treasury shares) - Maximum total amount payable for the acquisition: Up to July 01, 2026 (July 01, 2026) - Repurchase period: From July 01, 2026, to July 31, 2026 - Method of acquisition: Through market purchases on the Tokyo Stock Exchange At March 31, 2026, the company held 59,474 treasury shares out of a total of 80,726,816 outstanding shares excluding treasury shares.