TOKYO, Jun 11 (Pulse News Wire) – TKP Corporation (3479.T) announced today that its board of directors, held , approved a share repurchase plan based on Article 165, Paragraph 3 of the Companies Act, which applies provisions similar to those outlined in Article 156 of the same act. The decision was made to enhance capital management flexibility and expand shareholder returns, considering the balance sheet and operating cash flow conditions.
Under this plan, up to 2,000,000 ordinary shares could be purchased, representing 5.23% of the outstanding shares excluding treasury stock. The total amount allocated for the repurchase is capped at June 11, 2026.
The repurchase program will run from June 12, 2026, to August 24, 2026, through open-market purchases on the Tokyo Stock Exchange. As of May 2026, the company had a total of 38,186,828 outstanding shares, excluding treasury stock, and held 4,446,957 treasury shares.
🟡 Confidence: Standard AI-translated content.