KOKUSAI ELECTRIC CORPORATION [6525.T]
TOKYO, May 13 (Pulse News Wire) – Kokusai Electric Corporation (6525.T) decided during its board meeting today to repurchase up to 1,500,000 shares of its common stock, representing 0.6% of its outstanding shares excluding treasury shares. The total amount allocated for the repurchase is capped at ¥5.300 billion.
The repurchase program will run from May 13, 2026 to May 14, 2026 through open-market purchases on the Tokyo Stock Exchange. The decision was made in accordance with the Company Law's provisions for share repurchases.
The rationale behind the move includes long-term growth investments and maintaining necessary cash positions aligned with the company’s shareholder return policy. For reference, as of March 31, 2026, the company held 4,500,158 treasury shares out of a total of 233,615,456 outstanding shares excluding treasury shares.
All other matters related to the share repurchase will be entrusted to the president and CEO of the company.
🟡 Confidence: Standard AI-translated content.