Okura Industrial announces share buyback status

Okura Industrial Co., Ltd. (TSE:4221) announced today the status of its acquisition of own shares, in accordance with Article 165 of the Companies Act. As of April 30, 2025, the company acquired 63,000 common shares from April 1, 2025 to April 30, 2025, at a total cost of JPY237,596,990. This acquisition is part of a broader resolution approved by the Board of Directors on June 21, 2024, which authorizes the purchase of up to 1,200,000 shares (9.92% of outstanding shares excluding treasury shares) at a maximum cost of JPY2.5 billion. As of April 30, 2025, the cumulative total of treasury shares acquired under this resolution is 711,900 shares, with a total acquisition cost of JPY2,113,939,022.