BROTHER INDUSTRIES,LTD. [6448.T]
TOKYO, May 08 (Pulse News Wire) – Brother Industries,ltd. (6448.T) announced today that its board of directors has approved a share buyback program aimed at enhancing capital efficiency and shareholder returns.
The company plans to repurchase up to 2.5% of its outstanding shares, which translates to a total of 2,145,000 ordinary shares, based on the number of shares outstanding excluding treasury stock. The buyback will commence on May 11, 2026, and continue until April 30, 2027, with a budget limit of ¥14.89 billion.
Following the completion of the buyback, the acquired shares will be retired to address dilution concerns. As of April 30, 2026, Brother Industries held 8,580,000 treasury shares out of a total of 858,000,000 outstanding shares, excluding treasury stock.
It should be noted that the number of treasury shares does not include those held by the BIP Trust for executive compensation purposes.
🟢 Confidence: High AI-translated content.