TOKYO, Mar 25 (Pulse News Wire) – TOKAI Holdings Corporation (3167.T) completed its share repurchase plan on March 24, 2026, having reached the total acquisition value limit set by the board resolution on August 19, 2025. During the period from March 1, 2026, to March 24, 2026, the company acquired a total of 1,000,000 ordinary shares at a total cost of ¥1 billion through open-market purchases on the Tokyo Stock Exchange.
Additionally, the company finalized the number of shares to be canceled, which will amount to 1,000,000 ordinary shares. This represents 1.00% of the outstanding shares prior to cancellation. The cancellation is scheduled to take place on March 31, 2026, reducing the total outstanding shares to 99,000,000.
In accordance with the board resolution dated August 19, 2025, the company had initially planned to acquire up to 10,000,000 ordinary shares, representing 10.00% of the outstanding shares excluding treasury stock, with a total acquisition value cap of ¥1 billion. The acquisition period was set to run from September 4, 2025, to April 10, 2026. This move reflects the company's strategic approach to capital management and shareholder returns.
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