Stanley Electric completes major share buyback on Tokyo exchange
Stanley Electric Co., Ltd. announced the completion of a treasury stock purchase today, September 3, 2025, through the ToSTNeT-3 system on the Tokyo Stock Exchange. The company acquired 18,102,500 shares of its common stock for a total purchase price of JPY 54,796,267,500, aiming to enhance shareholder returns and improve capital efficiency.
This purchase represents a substantial portion of the buyback program approved by the board of directors on June 10, 2025. The initial resolution authorized the repurchase of up to 35,000,000 shares (23.47% of issued shares excluding treasury stock) for a total price not exceeding JPY 80.0 billion. The purchase period runs from July 1, 2025, to March 31, 2026.
Following this ToSTNeT-3 transaction, Stanley Electric plans to continue purchasing its treasury stock through the auction market. The remaining authorized number of shares and purchase price, after deducting today's acquisition, will be executed via discretionary trading agreements.
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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