Adeka Corporation updates on share buyback program progress
Adeka Corporation has disclosed the progress of its share buyback program, reporting the acquisition of 1,006,600 shares of common stock from August 12 to August 31, 2025. The total acquisition price for this period amounted to JPY 3,237,719,400. Shares were primarily purchased via market transactions based on a discretionary trading agreement, with some acquisitions on August 12 made through the Tokyo Stock Exchange Trading Network Off-Auction Own Share Repurchase Trading System (ToSTNeT-3).
This acquisition is part of a larger resolution approved by the board of directors on August 8, 2025. Under this resolution, Adeka aims to acquire up to 10,000,000 shares, representing 9.8% of its total issued shares (excluding own shares), with an upper limit acquisition price of JPY 18,000,000,000. The total share acquisition period for the program extends from August 12, 2025, to May 31, 2026.
As of August 31, 2025, the cumulative total of shares acquired under this board resolution stands at 1,006,600 shares, with a cumulative total acquisition price of JPY 3,237,719,400. The acquisition methods outlined for the full program include both the ToSTNeT-3 system and market purchases on the auction market 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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