Micron Machinery to Buy Back Up to 70,000 Shares via ToSTNeT-3

TOKYO, Jul 23 (Pulse News Wire) – Micron Machinery CO.,LTD. (6159.T) announced on July 23 that it has resolved to repurchase up to 70,000 shares of its common stock through the ToSTNeT-3 system on July 24 at 8:45 AM.

The repurchase price will not exceed ¥126.7 million. This move aims to facilitate flexible capital policies and financial strategies in response to changing business environments. The company plans to execute the buyback based on the closing price of ¥1,810 on July 23.

The total number of shares represents approximately 1.5% of the outstanding shares excluding treasury stocks. As of May 31, the company held 3,088,198 treasury shares, which includes shares held by trusts for directors and employees amounting to 246,779. The results of the share repurchase will be disclosed immediately following the completion of trading on July 24 at 8:45 AM.

However, due to market conditions, there is a possibility that the entire or part of the planned repurchase may not occur.