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三機工業---自己株式の取得と消却

Sanji Kogyo - Purchase and cancellation of treasury stock.

Fisco Japan ·  Aug 14 10:41

On the 9th, Sanjikko Industries <1961> announced its intention to acquire treasury stocks based on the provisions of Article 156 of the Companies Act, which are applied by reading and replacing in accordance with the provisions of Article 165, in order to expand continuous shareholder returns, improve capital efficiency, and improve the medium to long-term corporate value, and to cancel the treasury stocks based on the provisions of Article 178 of the Companies Act.

Starting from the 13th, the company will acquire up to 1,500,000 of its common stocks (2.82% of the total number of issued shares) by the market purchase method on the Tokyo Stock Exchange for a total of 4.05 billion yen, until March 31, 2025.

On the 19th, the company will cancel 2,000,000 of its common stocks (3.53% of the total number of issued shares before cancellation). The total number of issued shares after cancellation will be 54,661,156.

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