Kinden Corporation announces share buyback progress, spending JPY769m

Kinden Corporation (TSE:1944) announced today the status of its acquisition of own shares, revealing that it purchased 232,70 shares of its common stock between March 1, 2025, and March 31, 2025. The total expenditure for these acquisitions amounted to JPY769,314,792. The shares were acquired through market purchases on the Tokyo Stock Exchange. This buyback is part of a larger initiative approved by the Board of Directors on January 31, 2025, which authorizes the company to acquire up to 4,500,000 shares for a total cost not exceeding JPY10.0 billion by December 23, 2025. As of March 31, 2025, Kinden Corporation has cumulatively acquired 542,000 of its own shares for a total of JPY1,763,233,981 under this resolution.