Sanyo Homes Corporation [1420.NG]
TOKYO, Apr 14 (Pulse News Wire) – Sanyo Homes Corporation (1420.T) decided on a share buyback and cancellation plan during its board meeting held on April 14, 2026. The company plans to enhance capital efficiency and respond to changes in the operating environment through these actions aimed at returning benefits to shareholders.
For the buyback, Sanyo Homes intends to acquire up to 300,000 shares, representing 9.39% of the outstanding shares excluding treasury stock. The total acquisition amount is capped at ¥450 million. The buyback period is set for April 15, 2026.
Regarding the cancellation, the company will eliminate all shares acquired through the aforementioned buyback process, along with part of the existing treasury stock. The cancellation is scheduled for April 30, 2026. As of February 28, 2026, the company had 3,193,472 outstanding shares excluding treasury stock and held 1,113,306 treasury shares.
The final number of shares to be cancelled will be disclosed once the buyback is completed.
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