TOKYO, May 29 (Pulse News Wire) – Obic CO.,LTD. (4684.T) completed the repurchase and cancellation of its own shares pursuant to Article 178 of the Companies Act.
The decision was made during the board meeting held on April 21, 2026. Key details of the share repurchase are as follows: 1. Type of Shares Repurchased: Ordinary shares of Obic CO.,LTD. 2.
Total Number of Shares Repurchased: [6,000,000] (representing [1.2%] of the total outstanding shares prior to repurchase). 3. Completion Date: May 29, 2026. Following the completion of the repurchase, the total number of outstanding shares stands at [492,000,000].
This action aligns with OBIC's strategic initiatives aimed at enhancing shareholder value and optimizing capital structure.
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