Ryobi Limited announces share offering and concurrent repurchase
Ryobi Limited announced a secondary offering of 1,989,700 shares of common stock, with a pricing date between October 22 and October 24, 2025. The shares will be sold by ten existing shareholders, including MUFG Bank, Ltd. and Sumitomo Mitsui Trust Bank, Limited. The offer price will be determined based on market demand, ranging from 0.90 to 1.00 times the closing price on the Tokyo Stock Exchange.
Concurrently, Ryobi Limited approved a share repurchase program, aiming to acquire up to 670,000 shares (2.07% of total outstanding shares) for a maximum of JPY 1,500,000,000. The repurchase period begins on the third business day following the secondary offering's pricing date and concludes on April 30, 2026. The company intends to cancel a portion of the repurchased shares by December 2025.
These initiatives aim to facilitate the smooth sale of shares by current shareholders, increase the floating stock ratio, broaden the shareholder base, and ultimately enhance long-term corporate value. Both the secondary offering and the share repurchase were approved by the board of directors on October 14, 2025.
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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