Shin-Etsu Chemical Co.,Ltd. [4063.T]
TOKYO, May 20 (Pulse News Wire) – Shin-etsu Chemical CO.,LTD. (4063.T) completed its accelerated share repurchase program initiated on February 16, 2026.
The final number of shares acquired includes those purchased from sources other than Daiwa Securities Co., Ltd. Details of the post-adjustment process reveal: 1. The average stock price was calculated based on the volume-weighted average price (VWAP) from February 18 to May 19, 2026, multiplied by a factor of 99.9%. 2. The benchmark amount was determined by the sale proceeds of ordinary shares sold through the ToSTNeT-3 off-market buyback transaction conducted on February 17, 2026. 3.
The benchmark share count represents the number of ordinary shares sold by Daiwa Securities during the same transaction. 4. An adjustment of 2,484,900 shares was made, resulting in a reduction from the initial benchmark share count due to the difference between the benchmark amount and the average stock price. 5. The adjustment method involved delivering shares to shareholders exercising their subscription rights. For more detailed information, refer to the press release dated February 16, 2026.
🟢 Confidence: High AI-translated content.