Sanken Electric completes share repurchase, announces cancellation

Sanken Electric Co., Ltd. (TSE:6707) has announced the completion of its share repurchase program and the subsequent cancellation of own shares. The company repurchased 279,900 shares of common stock for a total of 2,224,981,900 yen between September 1 and September 16, 2025, via market trades on the Tokyo Stock Exchange. This completion is based on a resolution from the board of directors meeting held on November 29, 2024.

Following the repurchase, Sanken Electric will cancel 4,172,700 shares of common stock on October 3, 2025. This number represents 16.6% of the issued shares before cancellation and reflects the total number of own shares acquired under the November 29, 2024, resolution. After cancellation, the number of issued shares will be 20,925,360, and the number of own shares will be 875,766 as of August 31, 2025.

The initial resolution from November 29, 2024, authorized the repurchase of up to 6,000,000 shares (24.8% of issued and outstanding shares, excluding treasury stock) or up to 30 billion yen between December 2, 2024, and September 30, 2025. As of September 16, 2025, the company had cumulatively purchased 4,172,700 shares for 29,999,335,900 yen under this resolution.