TV Asahi announces secondary offering and share repurchase plan

TV Asahi Holdings Corporation [TSE:9409] announced a secondary offering of 7,852,200 shares of common stock by existing shareholders, The Asahi Shimbun Company (5,000,000 shares) and Dai Nippon Printing Co., Ltd. (2,852,200 shares). The offer price will be determined between April 22nd and April 24th, 2025, based on the closing price on the Tokyo Stock Exchange, factoring in market demand. An over-allotment option for up to 1,177,800 additional shares is also in place.