TOYO Denki Seizo K.K.(Toyo Completes Share Disposition Under Third Party Allocation Method
TOKYO, Aug 06 (Pulse News Wire) – Toyo Denki Seizo K.k.(toyo Electric Mfg.co.,ltd.) (6505.T) completed the payment procedures for its share repurchase conducted through the third party allocation method on August 06, 2026. The repurchase involved distributing ordinary shares totaling 578,000 to East Japan Railway Company at a price of ¥2,419 per share, raising proceeds of ¥1.398 billion.
Details of the share repurchase included: - Settlement Date: August 06, 2026 - Number of Shares: 578,000 ordinary shares - Price per Share: ¥2,419 - Total Proceeds: ¥1.398 billion Additionally, the company entered into a comprehensive acceptance agreement with the recipient concerning the share repurchase. Further specifics can be found in previous disclosures dated July 15, 2026, and July 22, 2026.
