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Asics completes JPY 20bn treasury share repurchase program

May 28, 2025 at 12:01 PM UTCBy FilingReader AI

ASICS Corporation (TSE:7936) today announced the completion of its treasury share repurchase program, initially approved at the Board of Directors meeting on February 14, 2025. This program, based on Article 459-1-1 of the Companies Act of Japan and Article 39 of the company's Articles of Association, has seen the repurchase of 6,515,500 of its own shares for a total consideration of JPY 19,999,927,400. The company repurchased 679,400 shares from May 1, 2025 to May 27, 2025 for JPY 2,263,374,100 using the Tokyo Stock Exchange. This repurchase represents approximately 0.98% of the total number of issued shares (excluding treasury shares). The initial resolution allowed for the repurchase of up to 7,000,000 shares, not exceeding JPY 20,000,000,000 between February 17, 2025, and September 30, 2025.

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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