TOKYO, May 12 (Pulse News Wire) – Hanwa CO.,LTD. (8078.T) decided today to repurchase up to 2,000,000 shares of its common stock, representing up to 0.5% of outstanding shares excluding treasury shares, at a total cost of up to ¥1,000,000,000 through open-market purchases on the Tokyo Stock Exchange.
The buyback period runs from May 13, 2026, to December 31, 2026. In addition, the company resolved to cancel shares based on the number acquired through the buyback process, with the cancellation scheduled for January 29, 2027.
The final number of shares to be canceled will be disclosed after the completion of the share repurchase. As of March 31, 2026, Hanwa had 38,903,736 ordinary shares outstanding (before considering a 1-for-5 stock split effective April 1, 2026).
The company held 1,234,567 treasury shares prior to the split.
🟢 Confidence: High AI-translated content.