Tokai Carbon COMPLETES POST-AUDIT ADJUSTMENT FOR FCSR SHARE REPURCHASE

TOKYO, Aug 04 (Pulse News Wire) – Tokai Carbon CO.,LTD. (5301.T) completed the post-audit adjustment for its commitment-type share repurchase program (FCSR).

According to the final figures determined after the audit adjustments, the company acquired 8,831,200 shares through the FCSR process. Details of the repurchase can be found in the press release dated May 13, 2026. The average purchase price was calculated based on the volume-weighted average price (VWAP) from May 15, 2026, to August 03, 2026, multiplied by 100.176%. On May 14, 2026, during the ToSTNeT-3 trading session, Nomura Securities Co., Ltd. sold shares worth the amount determined by the average stock price, resulting in the acquisition of 8,831,170 shares.

Additionally, the company had already purchased 11,210,700 shares from Nomura Securities Co., Ltd. on the same day. The adjustment involved reducing the number of shares by 2,379,500 due to rounding down fractional shares. The adjustment method included delivering new share subscription rights to the subscribers. This announcement is intended solely for public disclosure concerning the completion of the post-audit adjustment for the FCSR share repurchase program and does not constitute investment advice or similar activities.