Kuribayashi Steamship Co.,Ltd. [9171.T]
TOKYO, Jun 23 (Pulse News Wire) – Kuribayashi Steamship CO.,LTD. (9171.T) announced today that its board of directors, held on June 23, 2026, approved a share buyback plan based on Article 156 of the Companies Act, as read and applied through Article 165.
The purpose of the buyback is to enable flexible capital policy adjustments in response to changing business environments. Under the plan, the company intends to purchase up to 380,000 shares at a total cost not exceeding June 23, 2026. The buyback will take place during the morning session of June 24 at 8:45 AM through the TO-STNET-3 system. Any changes to the trading method or time will not be made.
The final results of the buyback will be disclosed immediately after the trading ends on June 24 at 8:45 AM. As of June 23, 2026, the company had outstanding shares totaling 12,352,945 (excluding treasury shares). Currently, the company holds 386,751 treasury shares. This buyback initiative underscores the company's commitment to maintaining financial flexibility and optimizing its capital structure.
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