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Sakata Inx updates on share buyback program progress

September 2, 2025 at 06:09 AM UTCBy FilingReader AI

Sakata Inx Corporation announced an update on its own share acquisition program, reporting that it repurchased 74,000 common shares between August 1 and August 31, 2025. These shares were acquired on the Tokyo Stock Exchange for a total cost of 166,809,187 yen. This acquisition is part of a program authorized by the board of directors on March 19, 2025.

The board resolution approved the acquisition of up to 600,000 common shares, representing 1.21% of total issued shares (excluding treasury shares), with a maximum expenditure of 1,000,000,000 yen. The acquisition period for this program extends from March 19, 2025, to September 30, 2025, allowing for acquisitions through market purchases and off-auction transactions.

As of August 31, 2025, the cumulative total of shares acquired under this resolution stands at 439,900 shares, with a total acquisition cost of 883,801,568 yen. The program aims to enhance shareholder value and optimize capital structure.

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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