TOKYO, May 11 (Pulse News Wire) – Keikyu Corporation (9006.T) announced today that its board of directors has approved a share buyback program based on its 20th comprehensive management plan's shareholder return policy. The aim is to enhance capital efficiency and strengthen shareholder returns through a combination of investment plans and financial conditions.
Under the program, up to 25,000,000 shares (representing 9.29% of outstanding shares excluding treasury stock) will be purchased at a total cost of up to ¥30.00 billion. The buyback period runs from May 12, May 11, 2026 to March 31, May 12, 2026. As of March 31, March 31, 2027, the company had 6,643,162 treasury shares out of a total of 269,117,385 outstanding shares (excluding treasury stock).
Excluded from this count are shares held by employee trusts, director compensation trusts, and equity grant trusts. Keikyu intends to utilize the acquired shares for future growth opportunities such as mergers and acquisitions, as well as incentive programs for employees. Additionally, some of the shares will be retired to further improve capital efficiency and shareholder returns.
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