Godo Steel to Buy Back Up to 257,000 Shares Starting Aug 3

TOKYO, Jul 31 (Pulse News Wire) – Godo Steel,ltd. (5410.T) announced today that its board of directors, held, approved a share buyback program based on the provisions of the Companies Act Article 459, Paragraph 1, and the company’s articles of incorporation.

The primary reason for the buyback is to enable flexible capital policy adjustments according to changing business environments. Under the plan, up to 257,000 shares, representing 1.76% of the outstanding shares excluding treasury stock, will be repurchased through open-market purchases on the Tokyo Stock Exchange.

The total amount allocated for the buyback does not exceed ¥900 million. The buyback period will commence on August 3, 2026, and continue until October 31, 2026.

As of July 31, 2026, Godo Steel had 2,521,609 treasury shares out of a total of 14,623,602 outstanding shares excluding treasury stock.