King to repurchase up to 85,000 shares of stock
King (TSE:8118) announced today that its board of directors has resolved to repurchase up to 85,000 shares of its common stock. This decision, made at a board meeting held on July 9, 2025, aims to enhance capital efficiency and enable a flexible capital policy in response to changing business conditions. The total purchase price will not exceed JPY69,785,000. The company will execute the repurchase through an off-auction treasury stock repurchase transaction (ToSTNeT-3) on the Tokyo Stock Exchange, scheduled for July 10, 2025, at 8:45 a.m., using the closing price of JPY821 from July 9th. As of July 9, 2025, King holds 15,995,644 shares of its own stock, excluding treasury stock, and has a total of 8,775,917 treasury shares. The company will announce the results of the repurchase transaction after its completion.
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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