MINO Ceramic to Buy Back Up to 550,000 Shares Starting August 10
TOKYO, Aug 07 (Pulse News Wire) – Mino Ceramic CO.,LTD. (5356.T) resolved at today's board meeting to repurchase up to 550,000 shares through a tender offer via TO-STNET-3 on August 10, 2026, at 8:45 AM.
The buyback aims to allocate shares for restricted stock awards and enhance capital efficiency. The company plans to execute the buyback at a total cost of up to ¥709.5 million. The repurchased shares represent up to 5.17% of the outstanding shares excluding treasury stocks.
Any changes to the number of shares or timing would depend on market conditions. As of June 30, 2026, Mino Ceramic had a total of 10,636,124 outstanding shares excluding treasury stocks, and held 2,273,704 treasury stocks. The results of the share repurchase will be disclosed immediately after the trading session ends on August 10, 2026.
