Kawasaki Kisen Kaisha Plans Share Buyback Up to 1.2 Million Shares

TOKYO, Jun 01 (Pulse News Wire) – Kawasaki Kisen Kaisha,ltd. (9107.T) announced today that its board of directors decided on a share buyback program based on Article 459, Paragraph 1 of the Companies Act and Article 38 of the company's articles of incorporation.

The company plans to purchase up to 1,200,000 shares through the ToSTNeT-3 system on June 2, 2026, with a total acquisition value capped at ¥12 billion. The buyback will commence at the closing price , and conclude at 8:45 AM on June 2, 2026. The results will be disclosed immediately after the trading session ends. However, due to market conditions, some or all of the orders might not be executed.

Additionally, should the initial buyback fall short of the set limits, further purchases will continue via open-market transactions until September 30, 2026. Several major shareholders have indicated their willingness to participate in the buyback process. These include Effissimo Capital Management PTE LTD, Sompo Japan Insurance Inc., Mitsui Sumitomo Fire & Marine Insurance Co., Ltd., among others. Their participation is contingent upon maintaining approximately the same holding ratios as of May 29, 2026.