Kurogane Kosakusho announces special dividend and share buyback
Kurogane Kosakusho announced on September 9, 2025, a revision to its year-end dividend forecast, now totaling JPY 40.00 per share, up from the previously forecast JPY 20.00. This increase includes a JPY 20.00 ordinary dividend and a JPY 20.00 special dividend, driven by a JPY 203 million gain from the sale of investment securities announced on August 20, 2025. This move aligns with the company’s policy of stable dividends and reflects its commitment to shareholder returns.
Concurrently, the company also resolved to acquire up to 50,000 shares of its common stock, representing 2.9% of outstanding shares (excluding treasury stock), at a total cost not exceeding JPY 45,300,000. The share buyback, executed via ToSTNeT-3 on September 10, 2025, aims to enhance capital efficiency and further boost shareholder returns, consistent with its medium-term management plan "Revive 2025" initiatives.
As of May 31, 2025, Kurogane Kosakusho reported 1,703,339 outstanding shares (excluding treasury stock). The company anticipates announcing the results of the share acquisition after the close of trading on September 10, 2025.
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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