Source disclosure: February 24, 2026
Yasuda Logistics Corporation [9324.T]
TOKYO, Feb 24 (Pulse News Wire) -- Yasuda Logistics Corporation (9324.T), headquartered in Shiba Shiomi, Minato City, Tokyo, announced today that it has finalized the period during which it will repurchase its own shares under the provisions of Article 165, Paragraph 2 of the Companies Act. The company previously disclosed this plan on February 16, 2026.
The share buyback program is set to run from March 4, 2026, to February 26, 2027. This decision was made following the resolution passed by the board of directors on February 16, 2026, concerning the sale of ordinary shares. Today's announcement also marks the determination of the price and other terms related to the share sale, leading to the finalization of the buyback period.
According to the initial resolution, Yasuda Logistics aims to repurchase up to 550,000 ordinary shares, representing approximately 1.90% of the total outstanding shares excluding treasury stocks. The maximum amount allocated for this repurchase is ¥1,000,000,000. The actual start date of the repurchase will be determined based on the settlement day of the share sale, which falls between February 24 and February 26, 2026, six business days after the pricing date.
The company plans to execute the share repurchases through market purchases on the Tokyo Stock Exchange. Additionally, all necessary matters regarding the self-share repurchase have been entrusted to President and Representative Director Kozawa Ichiro (Kōzawa Kazuyoshi).
It should be noted that due to market conditions, not all or part of the planned repurchase may occur. Furthermore, this document does not constitute an offer to sell securities or solicitations of investment offers either domestically or internationally. Investors are advised to consult the prospectus and any amendments prepared by Yasuda Logistics before making any investment decisions. The document specifically states that no public offering of securities will take place in the United States unless registration under the U.S. Securities Act of 1933 is obtained or exempted.
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Share buyback
Shares
550,000 shares
Total cost
¥1.0B
Avg ¥1,818/share
Period
2026-03-04
Source: TDNet filing