TOKYO, Mar 19 (Pulse News Wire) – CEL Corporation (5078.T) announced today that its board of directors approved a share repurchase plan from a specific shareholder following the approval of a related proposal at an extraordinary shareholders' meeting held. Under the plan, CEL will acquire ordinary shares totaling 100,000 (representing 2.86% of outstanding shares).
The total acquisition cost is estimated at ¥502 million. Each share will be purchased at ¥5,020, which corresponds to the initial transaction price of the company's stock on the Tokyo Stock Exchange Standard Shijou after March 19, 2026. The acquisition is scheduled to take place on March 25, 2026, from Makitech Co., Ltd.
Additionally, the extraordinary shareholders' meeting passed a special resolution allowing CEL to repurchase up to 100,000 ordinary shares (up to 2.86% of outstanding shares) with a total value of up to ¥800 million. The purchase price per share will be based on the closing price of CEL’s stock on the Tokyo Stock Exchange Standard Shijou on March 18, 2026, or the subsequent first trade price if there was no trading on that day. The repurchase period extends from March 19, 2026, to March 31, 2026, and the transactions will also be conducted with Makitech Co., Ltd.
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