TOKYO, Jun 05 (Pulse News Wire) – Osaka GAS CO.,LTD. (9532.T) announced today that it had completed its share buyback program through June 5, 2026, as per resolutions made during the board meeting held on May 8, 2026.
Under the provisions of Article 165, Paragraph 3 of the Companies Act, read as Article 156, the company purchased up to 2,500,000 ordinary shares at a total cost of ¥14.89 billion via open-market purchases on the Tokyo Stock Exchange. The buyback was initiated on May 11, 2026, and concluded . As of June 5, 2026, the company had acquired a total of 2,480,000 shares at a cumulative price of ¥14.68 billion.
In the May 8, 2026, board meeting, the company also decided on the parameters for the buyback, which included purchasing up to 2,500,000 ordinary shares representing approximately 0.44% of the outstanding shares, with a total value cap of ¥14.9 billion. The buyback period was set from May 11, 2026, to June 5, 2026. This move reflects Osaka Gas's commitment to maintaining shareholder value and optimizing capital structure.
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