TOKYO, Apr 14 (Pulse News Wire) – Phil Company,inc. (3267.T) announced today that its board of directors resolved to repurchase shares acquired through the termination of employee and executive stock trusts effective March 31, 2026.
The company had previously disclosed plans to terminate the trusts on March 18, 2026. As part of this process, Phil Company acquired 33,100 ordinary shares without payment, representing 0.57% of the outstanding share count prior to repurchase. Of these, 14,900 shares were from the executive trust and 18,200 shares from the employee trust. The acquisition took place on April 1, 2026, from Nippon Custodian Bank (Trust Account). Nippon Custodian Bank's headquarters is located at Tokyo, Chuuou Ku Harumi 1-chome 8-ban 12-gou, Aomi Island Triton Square Office Tower Z.
The bank’s capital amount is ¥51.00 billion. Its main activities include securities management and Caste Di Gyoumutou. Phil Company intends to cancel these shares on April 30, 2026. Post-cancellation, the total number of outstanding shares, including treasury shares, will be 5,744,900. The remaining treasury shares will account for 6.49% of the post-cancellation outstanding shares, based on figures as of February 28, 2026.
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