Source disclosure: February 12, 2026
KITZ CORPORATION [6498.T]
TOKYO, Feb 12 (Pulse News Wire) – KITZ Corporation (6498.T) announced today that its board of directors, held, resolved to repurchase shares based on Article 156 of the Companies Act, as amended by Article 165(3). The decision aims to allocate shares for restricted stock awards to employees.
Under the resolution, the company plans to acquire up to 51,000 ordinary shares, representing 0.06% percent of the outstanding shares excluding treasury shares. The total value of the repurchased shares will not exceed ¥100 million.
The repurchase period will run from February 13, 2026, to March 31, 2026. As of December 31, 2025, the company had a total of 86,971,873 outstanding shares excluding treasury shares, and held 593,738 treasury shares, which includes 297,046 shares related to the employee stock award program managed through trust arrangements.
This initiative aligns with the company's plan to introduce a share-based compensation system for domestic subsidiary executives starting in the current fiscal year.
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Share buyback
Shares
51,000 shares
Total cost
¥100M
Avg ¥1,961/share
Period
2026-02-13
Source: TDNet filing