Menicon progresses on share buyback, repurchases 747,700 shares in August
Menicon Co., Ltd. announced an update on its share buyback program, reporting that it repurchased 747,700 common shares totaling 896,856,100 yen during August 2025. This activity falls within the board resolution set on June 19, 2025, which authorized a maximum of 2,300,000 shares for up to 2,400 million yen, representing 3.0% of total issued shares (excluding treasury shares). The buyback period for the overall program extends from June 20, 2025, to December 20, 2025.
The shares were acquired through market purchases on the Tokyo Stock Exchange. As of August 31, 2025, the cumulative number of shares bought back under the current resolution reached 1,691,200, with a cumulative total amount of 1,962,429,600 yen. This ongoing buyback reflects Menicon's strategy to enhance shareholder value through proactive capital management.
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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