Kubota to repurchase shares via ToSTNeT-3

Kubota Corporation (TSE:6326) announced its decision to repurchase shares through the Tokyo Stock Exchange Trading Network Off-Auction Own Share Repurchase Trading System (ToSTNeT-3) on June 11, 2025. The repurchase, authorized at an April 22, 2025 board meeting, involves 12,457,100 common shares, with a total value of JPY19,999,874,050. The repurchase will occur at the closing price of JPY1,605.5 on June 10, 2025, and results will be announced following completion of the trading. This action is part of a broader resolution to repurchase up to 16 million shares, not exceeding JPY20 billion, between April 23, 2025, and December 15, 2025. The company stated that no changes will be made to the number of shares specified in the repurchase order, but the trade may not be executed due to market conditions.