Seibu Holdings announces share repurchase completion for April 2025
Seibu Holdings announced the results of its share repurchase program for April 2025, conducted under Article 165, Paragraph 2 of the Companies Act. During the month, the company acquired 2,295,400 shares of its common stock at a total cost of JPY7,531,809,050. This activity is part of a larger repurchase plan authorized on December 12, 2024, which allows for the acquisition of up to 28,000,000 shares, representing approximately 8.66% of outstanding shares (excluding treasury shares), for a maximum total value of JPY70 billion. As of April 30, 2025, the cumulative total of repurchased shares under this resolution reached 8,784,000 shares, with a total acquisition cost of JPY28,813,638,450. The repurchased shares are slated for cancellation, subject to a resolution by the Board of Directors under Article 178 of the Companies Act.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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