Tokyo Steel Manufacturing Buys Back 277,500 Shares for 480 million
TOKYO, Jul 01 (Pulse News Wire) – Tokyo Steel Manufacturing Co., Ltd. (5423.T) announced progress on its share repurchase program. The company acquired 277,500 shares for a total of ¥477,918,900 durin
TOKYO, Jul 01 (Pulse News Wire) – Tokyo Steel Manufacturing Co., Ltd. (5423.T) announced progress on its share repurchase program.
The company acquired 277,500 shares for a total of ¥477,918,900 during the period from June 1, 2026 to June 30, 2026. The board authorized the repurchase of up to 1,500,000 shares with a maximum expenditure of ¥2,700,000,000, valid through June 30, 2026.
The program is 38.6% complete with 579,300 shares acquired to date.
Share buyback
Shares
277,500 shares
Total cost
¥478M
Avg ¥1,722/share
Period
2026-06-01 to 2026-06-30
Progress vs authorization
277,500 shares of 1.5M shares (18.5%)
Source: TDNet filing