Sanyo Homes Corporation [1420.NG]
TOKYO, Apr 30 (Pulse News Wire) – Sanyo Homes Corporation (1420.T) announced today that it has completed the repurchase of its own shares pursuant to Article 178 of the Companies Act. The decision was made during a board meeting held on April 14, 2026. Key details of the share repurchase are as follows: - Type of Shares Repurchased: Ordinary Shares - Total Number of Shares Repurchased: 700,000 - Proportion of Outstanding Shares Before Repurchase: 16.3% - Completion Date: April 30, 2026 - Total Number of Outstanding Shares After Repurchase: 3,606,778 This action aligns with the provisions outlined in Article 178 of the Companies Act, aimed at enhancing shareholder value and optimizing capital structure.
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