Aida Engineering expands share buyback, advances start date

Aida Engineering announced an increase in its share repurchase program and an earlier start date to bolster its new capital policy. The Board of Directors initially approved a repurchase of 3,500,000 shares, but has increased the buyback program to 4,200,000 shares, representing 6.79% of total issued shares excluding treasury stock. The total cost remains capped at JPY 3 billion. Originally scheduled to begin May 1, 2025, the repurchase program will now commence on April 18, 2025, and continue through July 31, 2025. These shares will be acquired on the Tokyo Stock Exchange. As of March 31, 2025, Aida Engineering had 61,887,108 issued shares excluding treasury stock and held 5,317,513 shares of treasury stock.