MABUCHI MOTOR CO.,LTD. [6592.T]
TOKYO, Apr 01 (Pulse News Wire) – Mabuchi Motor CO.,LTD. (6592.T) reported today that it acquired zero shares during its self-buyback program conducted from March 01, 2026 to March 31, 2026.
The total amount allocated for the buyback was ¥0. The company previously announced on August 14, 2025 that it had completed a share split effective on January 01, 2026, increasing ordinary shares from one per share to two. The latest report reflects post-split share counts. According to the resolution made at the board meeting held on August 14, 2025, the company aimed to acquire up to 24,000,000 shares (equivalent to 9.7% of outstanding shares excluding treasury stock).
The total value set for the acquisition was capped at ¥19.00 billion. As of March 31, 2026, the cumulative number of shares acquired remains at zero, with the total expenditure also standing at ¥0. The company plans to destroy all acquired shares but has yet to determine a specific date for the destruction process. Once finalized, the company will issue another notice.
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