Premium Water Holdings, Inc. [2588.T]
TOKYO, May 12 (Pulse News Wire) – Premium Water Holdings,inc. (2588.T) announced today that its board of directors resolved, to repurchase up to 125,000 shares of its common stock based on Article 156 of the Companies Act, as amended by Article 165(3).
The repurchase is aimed at enhancing shareholder returns and implementing flexible capital policies in response to changing business environments. The total value of the share repurchase is capped at ¥500 million. The repurchase will take place through open-market purchases on the Tokyo Stock Exchange from May 13, 2026, until December 30, 2026.
The number of shares to be repurchased represents 0.41% of the outstanding shares excluding treasury shares. As of March 31, 2026, the company had a total of 30,542,435 shares outstanding, excluding treasury shares, and held 323,034 treasury shares. This initiative underscores the company's commitment to maintaining strong liquidity and optimizing its capital structure.
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