TSI HOLDINGS CO.,LTD. [3608.T]
TOKYO, Apr 10 (Pulse News Wire) – TSI Holdings CO.,LTD. (3608.T) decided today to repurchase its own shares and cancel some of them based on resolutions made at a board meeting held.
The share buyback is aimed at implementing flexible capital policies in response to changing business environments and enhancing shareholder returns. Under the plan, up to 3,300,000 ordinary shares could be acquired, representing [5.58%]% of the outstanding shares excluding treasury stock. The total amount for the buyback is capped at ¥3 billion. The repurchase will take place through open-market purchases on the Tokyo Stock Exchange from April 13, 2026, until October 30, 2026.
Additionally, the company plans to cancel all shares obtained through the buyback except for 630,000 shares, which will be disposed of via a rights issue conditional upon approval at the upcoming annual shareholders' meeting scheduled for May 22, 2026. As of April 10, 2026, the company holds 4,349,296 shares out of a total of 59,089,497 outstanding shares excluding treasury stock. Notably, this count does not include shares held by employee trusts and executive benefit trusts. The cancellation of the shares is set to occur on January 29, 2027.
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