Sanwa Holdings <5929> announced on the 31st that it will acquire treasury stock based on Article 459, Paragraph 1 of the Company Law and the provisions of its Articles of Incorporation.
The company will acquire up to 5.13 million shares of common stock (maximum limit) on the Tokyo Stock Exchange through a market purchase method from November 1 to April 30, 2025, at a total amount of up to 15 billion yen (maximum limit) (2.36% of the total number of issued shares excluding treasury stock).
The company aims to strengthen shareholder returns, improve capital efficiency, and pursue flexible capital policies.