TOKYO, Mar 13 (Pulse News Wire) – Sanno CO.,LTD. (3441.T) announced today that its board of directors resolved, to repurchase shares based on Article 459(1) of the Companies Act.
The company plans to execute the buyback through the ToSTNeT-3 system on March 16, 2026, at 8:45 AM, purchasing up to 65,000 common shares at the closing price of ¥1,327 per share. The repurchase will take place exclusively during the trading session on March 16, 2026, without any changes to other trading systems or times. The results of the repurchase will be disclosed immediately after the end of the trading session on March 16, 2026. Additionally, the company noted that the number of shares to be repurchased will remain unchanged at 65,000.
However, due to market conditions, there is a possibility that some or all of the intended repurchases may not occur. The company emphasized that the sale orders corresponding to the planned purchase volume will be used for the repurchase process. In related matters, Sanno CO.,LTD. previously announced, that it would aim to repurchase up to 150,000 common shares, representing 3.5% of the total outstanding shares excluding treasury stock, within the period from March 16, 2026, to October 30, 2026, with a budget of up to 200 million yen.
Repurchases could be executed through various methods, including market purchases facilitated by securities companies and the ToSTNeT-3 system.
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