TOKYO, May 14 (Pulse News Wire) – Maeda Kosen CO.,LTD. (7821.T) decided to repurchase up to 1489 shares of its common stock during a board meeting held.
The move aims to enhance capital efficiency and strengthen shareholder returns. The total value of the buyback is capped at ¥1 billion, representing up to 0.74% of outstanding shares excluding treasury stocks. The buyback period runs from May 15, 2026, to September 30, 2026, through the ToSTNeT-3 system on the Tokyo Stock Exchange.
However, market conditions could prevent some or all of the planned purchases. Additionally, the company received notice from Chairman Masaru Maeda indicating his intention to sell his holdings of Maeda Kosen's common stock. In efforts to avoid conflicts of interest, Chairman Masaru Maeda did not participate in the deliberation or resolution due to being classified as a special interested party.
Similarly, President Shouko Maeda, son of Masaru Maeda, also abstained from participation voluntarily.
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