Alps Alpine plans share repurchase via ToSTNeT-3 for JPY 12.85 bn
Alps Alpine Co., Ltd. declared its intention to repurchase common stock through the Tokyo Stock Exchange's Off-Auction Own Share Repurchase Trading System (ToSTNeT-3). The repurchase will be executed at JPY 1,912 per share, commencing at 8:45 a.m. on September 29, 2025. The company plans to acquire up to 6,722,800 shares, with a total acquisition value not exceeding JPY 12,853,993,600. Transaction results will be announced after the close of trading on the same day.
This repurchase aligns with a Board of Directors' resolution from April 30, 2025, aimed at returning profits to shareholders and improving value per share and capital efficiency. The previous resolution allowed for the acquisition of up to 20,000,000 shares, with a maximum value of JPY 20,000,000,000, between May 1, 2025, and March 31, 2026. As of September 26, 2025, Alps Alpine had already repurchased 4,454,900 shares, at a cumulative cost of JPY 7,145,933,827 under this resolution.
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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