BULL-DOG SAUCE CO.,LTD. [2804.T]
TOKYO, Apr 24 (Pulse News Wire) – Bull-dog Sauce CO.,LTD. (2804.T) decided today to repurchase up to 1.2 million shares of its common stock based on its policy aimed at enhancing shareholder returns and improving capital efficiency.
The board resolution was made during a meeting held. The repurchase plan includes several key points: - Purpose: To bolster shareholder returns and enhance capital efficiency. - Total number of shares available for purchase: ¥1.2 million (representing approximately 1.04% of outstanding shares excluding treasury shares). - Maximum total cost of repurchase: ¥1.2 billion.
- Repurchase period: From May 18, 2026, to March 19, 2027 (tentative). - Method: Transactions through the Tokyo Stock Exchange's ToSTNeT-3 system or open market purchases. As of March 31, 2026, the company had 115.4 million shares outstanding, excluding treasury shares, and owned ¥1.14 million treasury shares (excluding those held by the BIP Trust). Notably, the repurchase program does not include shares held by the Japan Master Trust Bank under the BIP Trust account for director compensation.
This initiative underscores Bull-Dog Sauce’s commitment to optimizing its capital structure while rewarding shareholders.
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