FilingReader Intelligence

Daido Steel completes 6.6bn yen share buyback

July 29, 2025 at 01:19 AM UTC•By FilingReader AI

Daido Steel completed its share buyback on July 29, acquiring 6,041,100 common shares representing 2.92% of outstanding shares for 6.6bn yen via off-market transaction.

The buyback aims to improve capital efficiency and enhance shareholder returns under the company's 2026 Mid-Term Management Plan.

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 of results of acquisition and completion of acquisition of own shares through off-market own share repurchase transaction (ToSTNeT-3)July 29, 2025 at 01:00 AM UTC

Daido Steel

TSE:5471•Tokyo Stock Exchange

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