FilingReader Intelligence

Daido Steel to buy back $65m of shares

July 28, 2025 at 07:40 AM UTC•By FilingReader AI

Daido Steel will acquire up to 6.5 million common shares for a maximum of 7.1 billion yen ($65 million) via a ToSTNeT-3 transaction on July 29, 2025, at 1,093 yen per share.

The buyback represents 3.15% of outstanding shares and aligns with the company's 2026 medium-term management plan to 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

Primary Source Document

Notice concerning the acquisition of treasury shares and the purchase of treasury shares through an off-auction own share repurchase transaction (ToSTNeT-3)July 28, 2025 at 07:30 AM UTC

Supplementary Source Documents

Notice Concerning Acquisition of Own Shares and Repurchase of Own Shares Through Off-Auction Own Share Repurchase Trading System (ToSTNeT-3)July 28, 2025 at 07:30 AM UTC

Daido Steel

TSE:5471•Tokyo Stock Exchange

RSS feed for Daido Steel

News Alerts

Get instant email alerts when Daido Steel publishes news

Free account required • Unsubscribe anytime

Browse RSS Feeds

Filing Activity Timeline

View Complete Filing History →