Kinden acquires ¥920m in treasury stock during August
Kinden Corporation disclosed the status of its treasury stock acquisitions, reporting it acquired common stock totaling ¥920,594,189 during August 2025. This acquisition involved 177,200 shares, executed via market purchases on the Tokyo Stock Exchange. The company's board of directors approved this program on January 31, 2025.
The initial resolution set out plans to acquire up to 4,500,000 shares of common stock, representing 2.26% of the total outstanding shares (excluding treasury shares), with a maximum total acquisition cost of ¥10 billion. The acquisition period was scheduled from February 3, 2025, to December 23, 2025.
As of August 31, 2025, the cumulative total of treasury stock acquired under this resolution stands at 1,704,200 shares, with a cumulative acquisition cost of ¥6,492,994,932. The company is actively working towards the objectives set forth by its board of directors.
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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