Sumitomo Osaka Cement details August treasury stock buyback
Sumitomo Osaka Cement Co., Ltd. announced its treasury stock acquisition for August 2025. The company acquired 211,600 shares of its common stock between August 1 and August 31, 2025, for a total value of 830,039,893 yen. The acquisition was executed through market purchases on the Tokyo Stock Exchange.
This latest acquisition contributes to the ongoing program approved by the board of directors on May 13, 2025. The resolution permits the acquisition of up to 1.5 million shares of common stock, representing 4.54% of outstanding shares (excluding treasury stock), and a total acquisition cost not exceeding 5 billion yen. The period for these acquisitions is from May 14, 2025, to September 30, 2025.
As of August 31, 2025, the cumulative treasury stock acquired under this resolution stands at 1,140,100 shares, with a total cost of 4,360,451,469 yen. The company also stated that any acquired treasury stock for which a use is not foreseen will be cancelled at an appropriate time.
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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