TOYO SUISAN KAISHA,LTD. [2875.T]
TOKYO, May 15 (Pulse News Wire) – Toyo Suisan Kaisha,ltd. (2875.T) announced today that its board of directors, held, approved a share buyback program based on Article 165(2) of the Companies Act.
The decision was made considering the overall business environment and financial conditions for fiscal years ending March 2026 and March 2027, aiming to implement flexible capital policies. Under the approved plan, the company intends to repurchase up to 3,000,000 shares, which represents 3.08% of the outstanding shares excluding treasury stock.
The total amount allocated for the buyback does not exceed ¥27.50 billion. The buyback period will commence on May 18, 2026, and continue until December 30, 2026.
As of March 31, 2026, the company had a total of 97,391,384 shares outstanding, excluding treasury stock, and held 13,489,660 treasury shares.
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