Zeon Corporation continues share buyback program, acquires ¥1.4bn in September
Zeon Corporation acquired 834,000 common shares totaling ¥1,428,212,800 between September 1 and September 30, 2025. This acquisition was executed through market purchases based on discretionary trading contracts, as part of a larger share buyback program approved by the board of directors on April 25, 2025.
The ongoing program, which began on May 7, 2025, and is scheduled to run until February 20, 2026, aims to acquire up to 10 million common shares, representing 5.07% of the company's issued shares (excluding treasury stock), with a maximum total value of ¥10.0 billion. These acquisitions can be made via market purchases under discretionary trading contracts or through the Tokyo Stock Exchange Trading Network System ToSTNeT-3.
As of September 30, 2025, the cumulative number of treasury shares acquired under this resolution stands at 3,722,700 shares, with a total acquisition cost of ¥5,999,881,250. The company's president and chief executive, Tetsuya Toyoshima, oversees these strategic financial moves.
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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