TOKYO, Jun 05 (Pulse News Wire) – Kanamoto CO.,LTD. (9678.T) announced today that its board of directors had resolved to increase the scope of its share buyback program and extend the acquisition period.
Originally decided on December 5, 2025, the revised plan now allows for up to 1,300,000 shares to be purchased, representing a higher percentage of outstanding shares excluding treasury stock compared to the previous limit. Under the amended resolution, the total value of shares that can be acquired remains capped at ¥14.89 billion. The extended buyback period runs until June 30, 2026, from the initial period ending on November 30, 2026.
The method of acquiring the shares remains unchanged, utilizing open-market purchases. As of May 31, 2026, the company held 4,490,164 shares as treasury stock, while the total number of outstanding shares excluding treasury stock stood at 148,900,000. The increased flexibility in the buyback program reflects the company's strategic approach towards capital management and enhancing shareholder returns.
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