TAIHEIYO CEMENT CORPORATION [5233.T]
TOKYO, May 13 (Pulse News Wire) – Taiheiyo Cement Corporation (5233.T) announced today that conditions for its first rights issue under the Commitment-Type Own Share Repurchase (FCSR) program have been finalized based on the results of the open-outcry trading conducted through ToSTNeT-3 on the Tokyo Stock Exchange on May 13. The decision was made according to the resolution passed at the board meeting held on May 12.
Key details of the issuance include: - Potential number of shares: 2,644,800 (maximum limit) - Number of shares to be delivered upon exercise: - Calculation method: (i) Shares acquired minus (ii) Average price acquisition shares - (i) Acquired shares amount to 2,644,800 - (ii) Average price acquisition shares calculated based on the formula: - Self-share repurchase amount divided by average share price - Average share price determined as the arithmetic mean of Bloomberg's VWAP for Taiheiyō Cement common stock during the calculation period from May 14, 2026, to the day before the exercise date, multiplied by 99.634% For more detailed information, refer to the press release dated May 12 titled “Announcement Regarding Own Share Repurchase and Open-Outcry Trading Through ToSTNeT-3” and the company’s electronic bulletin. This document serves solely for public disclosure and does not constitute investment advice or similar actions.
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