Takara Holdings announces treasury stock acquisition plan
Takara Holdings announced today its Board of Directors approved a plan to acquire up to 3.0 million shares of its common stock, representing approximately 1.54% of outstanding shares (excluding treasury stock), for a maximum total cost of JPY 3.0 billion. The company intends to execute this buyback program via open market purchases through the Tokyo Stock Exchange between May 15, 2025, and June 30, 2025. As of April 30, 2025, Takara Holdings held 1,996,109 of its shares as treasury stock. The company also aims to reduce its cross-shareholdings by 50% from JPY 32.0 billion to about 5% of consolidated net assets by March 31, 2030, to further improve capital efficiency.
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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