Sugimura Warehouse Co.,Ltd. [9307.T]
TOKYO, Apr 30 (Pulse News Wire) – Sugimura Warehouse CO.,LTD. (9307.T) decided on a share repurchase plan during its board meeting held, based on the provisions of Article 459, Paragraph 1 of the Companies Act.
The company plans to repurchase up to 50,000 shares of its common stock, representing 0.31% of the outstanding shares excluding treasury shares. The total amount for the repurchase is capped at ¥50 million.
The repurchase will take place through open-market purchases on the Tokyo Stock Exchange from May 1, 2026, to June 15, 2026. The shares acquired will be used to issue restricted stock grants to directors, employees, and executive officers of Sugimura Warehouse and its subsidiaries.
As of March 31, 2026, the company had 67,306 treasury shares out of a total of 16,351,804 outstanding shares excluding treasury shares.
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