INABA DENKISANGYO CO.,LTD. [9934.T]
TOKYO, May 01 (Pulse News Wire) – Inaba Denkisangyo CO.,LTD. (9934.T) announced today that it has completed its share repurchase program ahead of schedule due to strong stock performance during the acquisition period.
The company had planned to repurchase up to 2,083,000 shares, representing approximately 2.08% of outstanding shares excluding treasury stocks, at a total cost of up to ¥20.83 billion. However, the company's stock price exceeded expectations set on October 31, 2025, leading to the early termination of the program without reaching the purchase limit. The repurchase was originally approved by the board of directors on October 31, 2025, with the intention to execute the buyback from November 04, 2025, until April 30, 2026.
Despite the extended timeline, the company managed to conclude the repurchase activity on April 30, 2026, having acquired 0 shares at a total value of ¥0. This concludes the share repurchase plan initiated based on the resolution passed at the board meeting held on October 31, 2025. The company previously announced a two-for-one stock split effective December 01, 2025, which adjusted the upper limit of the repurchased shares to 4,166,000 shares post-split.
As of April 30, 2026, the cumulative number of shares repurchased remained at 0, with a total expenditure of ¥0.
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