TOKYO, Apr 14 (Pulse News Wire) – Toho Co.,ltd (9602.T) announced today that its board of directors held, resolved to acquire own shares based on Article 156 of the Companies Act, as amended by Article 165, and cancel own shares according to Article 178 of the Companies Act. The decision follows the company's strategic vision outlined in "TOHO VISION," which emphasizes flexible share repurchase to enhance capital efficiency and strengthen returns to shareholders.
Under this strategy, TOHO plans to acquire up to 7.50 million shares ordinary shares, representing 0.89% of outstanding shares excluding treasury stock. The total acquisition amount is capped at ¥13.00 billion. Share purchases will take place through off-exchange trading via ToSTNeT-3 and designated broker agreements during the period from April 15, 2026, to May 22, 2026.
Additionally, the company intends to cancel 30,000,000 ordinary shares, accounting for 3.41% of the pre-cancellation total outstanding shares. The cancellation is scheduled for April 30, 2026. As of February 2026, the company had 40,647,665 treasury shares, constituting 4.62% of the total outstanding shares.
With the planned acquisitions and cancellations, the cumulative number of treasury shares is expected to reach 18,147,665, making up 2.14% of the total outstanding shares by the end of April 2026.
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