Nankai Tatsumura Construction Co.,Ltd. [1850.T]
TOKYO, Apr 28 (Pulse News Wire) – Nankai Tatsumura Construction CO.,LTD. (1850.T) decided at today’s board meeting to repurchase its own shares and cancel some of them based on provisions in the Companies Act and its articles of incorporation.
The company aims to enhance capital efficiency and implement flexible capital policies in response to changing business environments while also improving shareholder returns. It plans to buy back up to 2,000,000 ordinary shares through ToSTNeT-3 off-market share purchases on April 30, 2026, at a total cost not exceeding ¥148,900,000. The purchase price per share will be determined based on the closing price.
The results of the buyback will be disclosed immediately after trading ends on April 30, 2026. Additionally, the company intends to cancel part of the repurchased shares on May 15, 2026. As of March 31, 2026, the company held 1,000,000 treasury shares out of a total of 10,000,000 outstanding shares excluding treasury stock.
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