Sekisui Chemical Co.,Ltd. [4204.T]
TOKYO, Apr 28 (Pulse News Wire) – Sekisui Chemical CO.,LTD. (4204.T) announced today that its board of directors has resolved to repurchase up to 4,000,000 shares of its common stock, representing 0.99% of the outstanding shares excluding treasury shares, with a total value of up to ¥12.00 billion.
The repurchase will take place from April 30, 2026 through March 31, 2027. Additionally, the company decided to cancel 25,000,000 shares, which constitutes 5.81% of the pre-cancellation outstanding shares. Following the cancellation, the number of outstanding shares will be reduced to 405,507,285.
The cancellation is scheduled to occur on May 25, 2026. As part of shareholder returns, the company plans to execute these actions to enhance shareholder value. The repurchase program will utilize open-market purchases, including those conducted via ToSTNeT-3.
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