Watanabe SATO to Buy Back Shares Worth Up to 406 million
TOKYO, Aug 06 (Pulse News Wire) – Watanabe Sato Co.,Ltd. (1807.T) announced plans to repurchase up to 200,000 shares through ToSTNeT-3 off-market share buybacks on August 06, 2026.
The board resolution was made during a meeting held , based on the Company Law's provisions allowing such actions. The primary reasons for the buyback include enhancing shareholder returns, improving capital efficiency, and implementing flexible capital policies in response to changing business environments. The total value of the buyback is capped at ¥406 million. The buyback price per share will be determined based on the closing price on August 06, 2026. Details of the Share Repurchase Plan: - Type of Shares: Ordinary shares of Watanabe Sato Co.,Ltd. - Total Number of Shares: Up to 200,000 (representing 3.2% of outstanding shares excluding treasury stock).
- Maximum Value: ¥406 million. - Execution Date: August 07, 2026. - Announcement of Results: Immediately following the morning trading session ending at 8:45 AM on August 07, 2026. It should be noted that the number of shares to be repurchased cannot be altered, but market conditions could prevent the completion of the entire planned buyback. Additionally, the company will execute the buyback solely through sell orders corresponding to the intended purchase volume within the designated time frame. As of June 30, 2026, the company had 147,943 treasury shares out of a total of 6,243,457 outstanding shares excluding treasury stock.
