TOKYO, Apr 28 (Pulse News Wire) – Tokyo GAS CO.,LTD. (9531.T) resolved at its board meeting held, to repurchase its own shares based on Article 156 of the Companies Act, as amended by Article 165, Paragraph 3.
The decision was made to enhance shareholder returns according to the company's dividend policy, which was disclosed on October 29, 2025. Under this plan, Tokyo Gas intends to repurchase up to 12 million shares ordinary shares, representing 3.6% of the total outstanding shares. The total amount allocated for the share repurchase is set at ¥50.00 billion. The repurchase period will run from May 7, 2026, to September 30, 2026, through open-market purchases on the Tokyo Stock Exchange.
As of April 24, 2026, the company had 1,540,185 self-held shares out of a total of 334,959,259 outstanding shares. Additionally, on April 24, 2026, the company executed the cancellation of 36,131,600 self-held shares based on a resolution passed at the board meeting held on March 25, 2026. Tokyo Gas emphasizes a long-term strategy focused on increasing dividends in tandem with per-share earnings growth. The company plans to allocate surplus funds efficiently towards growth investments and capital control measures such as share buybacks to ensure sustainable capital efficiency.
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