Sanyo Homes Corporation [1420.NG]
TOKYO, Apr 15 (Pulse News Wire) – Sanyo Homes Corporation (1420.T) completed its share repurchase program through the N-NET3 off-market buyback process on April 15, 2026. The company purchased a total of 300,000 shares at a total cost of 465,9[¥0].
Additionally, the board of directors decided to cancel 700,000 shares, representing 16.3% of the outstanding shares prior to cancellation, pursuant to Article 178 of the Companies Act. The repurchase was aimed at enhancing capital efficiency and implementing flexible capital policies in response to changing business environments.
Shares will be canceled on April 30, 2026, according to the resolution made during the April 14, 2026, board meeting.
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