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Sakai Chemical completes August treasury share acquisition, nears buyback program target

September 2, 2025 at 06:10 AM UTCBy FilingReader AI

Sakai Chemical Industry Co., Ltd. announced on September 2, 2025, the status of its treasury share acquisition based on a board resolution from May 14, 2025. During August 2025, the company acquired 85,800 shares of common stock at a total cost of JPY 247,649,600 through market purchases on the Tokyo Stock Exchange.

This acquisition is part of a larger program that authorized the company to acquire up to 1,000,000 shares (6.17% of outstanding shares excluding treasury shares) or up to JPY 2,500,000,000 between May 15, 2025, and November 30, 2025. As of August 31, 2025, the cumulative total of treasury shares acquired under this resolution stands at 712,500 shares, with a total acquisition value of JPY 1,916,264,100.

The company intends to cancel the shares acquired through this program after the acquisition process is completed.

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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