Dexerials completes share buyback, announces share cancellation

Dexerials Corporation announced the completion of its share buyback program as of February 28, 2025, initiated under the provisions of Article 459 of the Companies Act of Japan. The company acquired a total of 2,226,100 shares of its common stock at a total value of ¥4,999,953,700 between February 13, 2025, and February 28, 2025, through open market purchases on the Tokyo Stock Exchange. Additionally, Dexerials will cancel the acquired 2,226,100 treasury shares, representing 1.25% of the total shares issued (excluding treasury stock before cancellation), with the cancellation scheduled for March 27, 2025. This cancellation aligns with the resolution passed on February 12, 2025.