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OOMITSU: Completes Share Repurchase; Acquires 150,000 Shares for 85.7 million

TOKYO, Mar 24 (Pulse News Wire) – Oomitsu CO.,LTD. (3160.T) completed its share repurchase program through the ToSTNET-3 system on March 24, acquiring 150,000 shares for a total amount of ¥85.7 millio

View all OOMITSU CO.,LTD. disclosures →

The repurchase was executed in accordance with the resolution made during the March 23 board meeting. The primary reason for the share repurchase was to enable flexible capital policy adjustments in response to changes in the operating environment.

Under the approved plan, OOMITSU aimed to acquire up to 150,000 shares, representing approximately 1.0% of the outstanding shares excluding treasury stocks. This concludes the share repurchase program initiated based on the March 23 board resolution.

The company did not exceed the set limit of ¥85.7 million for the total acquisition cost.

Original Disclosure (PDF)

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