Hokuriku Electric Industry Completes Restricted Share Repurchase Payment
TOKYO, Jul 22 (Pulse News Wire) – Hokuriku Electric Industry CO.,LTD. (6989.T) completed the payment process for restricted share repurchases related to stock compensation .
The repurchase was approved during the board meeting held on June 26, 2026. Details of the share repurchase include: - Number of shares repurchased: 4,008 ordinary shares - Price per share: ¥2,488 - Total amount paid: ¥10.0 million The repurchased shares were allocated to five non-audit committee directors of the company.
Additionally, since the total value of the repurchase does not exceed July 22, 2026, the company did not file securities reports as required by the Financial Instruments and Exchange Act. This completes the transaction as outlined in the previous announcement dated June 26, 2026.
