West Japan Railway to cancel treasury stock after completing share repurchase
West Japan Railway Company announced the completion of its treasury stock acquisition program and its decision to cancel a portion of these shares. The company acquired a total of 15,448,500 shares of its common stock between May 7, 2025, and September 19, 2025, for a total of JPY 49,999,966,200. This acquisition utilized the resolution passed at the board of directors meeting on May 2, 2025.
The latest acquisitions in September contributed 2,200,100 shares at JPY 7,426,357,100. This concludes the company's repurchase program, which had authorized up to 20,000,000 shares or JPY 50,000,000,000.
Following the completion of the acquisition, West Japan Railway will cancel all 15,448,500 treasury shares on September 30, 2025. This represents 3.3% of the total outstanding shares before the cancellation, reducing the total number of outstanding shares to 455,561,300.
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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