Bando Chemical Industries, Ltd. [5195.T]
TOKYO, May 14 (Pulse News Wire) – Bando Chemical Industries,ltd. (5195.T) announced today that its board of directors, convened, resolved to repurchase up to 1.2 million shares of its common stock.
This decision aligns with the company's flexible capital policy and shareholder return strategy amid changing business environments. The repurchase plan involves acquiring up to 1.2 million shares, representing approximately 1.2% of the outstanding shares excluding treasury shares. The total value of the repurchase is capped at ¥12 billion.
The share buyback program will run from May 15, 2026, to April 30, 2027. As of March 31, 2026, Bando Chemical had 100 million shares outstanding excluding treasury shares, with ¥1.2 million treasury shares held. This move underscores the company’s commitment to maintaining strategic flexibility and enhancing shareholder value through proactive capital management.
🟢 Confidence: High AI-translated content.