TOKYO, Mar 31 (Pulse News Wire) – Toho GAS CO.,LTD. (9533.T) decided at its board meeting held, to repurchase up to 148,900 shares based on Article 165(3) of the Companies Act, which applies provisions similar to those outlined in Article 156.
The repurchase is aimed at implementing flexible capital policies. Key details of the share repurchase plan include: - Type of shares: Ordinary shares of TOHO GAS - Total number of shares to be repurchased: Up to 148,900 (representing approximately 0.14% of outstanding shares excluding treasury shares) - Maximum total amount for repurchasing shares: ¥1.489 billion - Repurchase period: From April 1, 2026, to September 30, 2026 Additionally, TOHO GAS plans a stock split effective April 1, 2026, resulting in four shares for every existing share.
Following the split, the upper limit for repurchasable shares will be adjusted accordingly. As of March 30, 2026, the company's treasury stock situation was as follows: - Outstanding shares excluding treasury shares: 106,400,000 - Number of treasury shares: 148,900.
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