TOKYO, May 13 (Pulse News Wire) – USS CO.,LTD. (4732.T) completed its share buyback through the ToSTNeT-3 facility on May 13, 2026.
Based on SMBC Nikko Securities' own calculations, USS received sell orders totaling ¥18 billion, with ¥14.49 billion worth of shares being successfully purchased. As a result of this transaction, the company will issue up to 8,316,900 new subscription rights based on the number of shares sold back to the company. The actual number of shares delivered upon exercise of these subscription rights will be calculated using the formula: Delivery Shares = Number of Sold Shares (Nikko) - Available Acquisition Shares (Average VWAP).
The number of available acquisition shares (average VWAP) will be determined by dividing the total amount received by the average VWAP during the calculation period from May 14, 2026, to the day before the exercise date. The average VWAP is calculated as the simple arithmetic mean of daily VWAP prices over the designated period, rounded to the nearest whole number. For more detailed information on the results of the share buyback, investors should refer to the separate press release titled “Results and Completion of Own Shares Purchase via ToSTNeT-3.”.
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