Aisin to buy back shares, cancel treasury stock

Aisin Seiki (TSE:7259) announced a plan to repurchase up to 130 million of its own shares, representing 17.2% of outstanding shares (excluding treasury stock), for a maximum total acquisition cost of JPY 120 billion. The buyback period extends from May 1, 2025, to March 31, 2026. The company will acquire shares through market purchases on the Tokyo Stock Exchange and via ToSTNeT-3 transactions. The board has delegated authority to the Representative Director to manage all decisions related to the execution of the buyback.