Hyoki Kaiun Kaisha Completes Share Repurchase for Directors

TOKYO, Jul 17 (Pulse News Wire) – Hyoki Kaiun Kaisha,ltd. (9362.T) completed the share repurchase for its directors on July 17.

The repurchase was approved during the June 25 board meeting and involved the issuance of restricted shares. A total of 2,400 ordinary shares were purchased at a price of ¥3,540 per share, amounting to a total value of ¥8.5 million. This transaction involves six directors, excluding external directors and audit committee members.

The shares were transferred to the designated recipients as part of the company's internal governance measures. For more detailed information, interested parties should refer to the June 25 press release titled "Notice Regarding Restricted Shares Issued to Directors." --- Hyoki Kaiun Kaisha’s management continues to implement strategic initiatives aimed at enhancing shareholder value through such transactions. The completion of this share repurchase underscores the company's commitment to maintaining robust corporate governance standards.