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Tokyo Tatemono executes share buyback program, acquires 176,400 shares

April 1, 2025 at 12:02 PM UTCBy FilingReader AI

** Tokyo Tatemono (TSE:8804) announced the status of its share repurchase program, revealing that it acquired 176,400 of its own common shares from March 1, 2025, to March 31, 2025. The total value of these acquired shares amounted to JPY432,417,100. The buyback was executed through the Tokyo Stock Exchange, as part of a larger resolution approved by the Board of Directors on December 25, 2024. The initial resolution authorized the company to acquire up to 1,500,000 shares, representing 0.72% of total outstanding shares (excluding treasury shares), for a total acquisition cost of up to JPY3.0 billion between February 13, 2025 and August 31, 2025. As of March 31, 2025, the cumulative number of shares acquired under this resolution reached 320,700 shares, with a total value of JPY781,095,600. This buyback is conducted in accordance with Article 165 of the Companies Act, based on the company's Articles of Incorporation.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

TSE:8804Tokyo Stock Exchange

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