Daikokutenbussan to repurchase treasury stock via ToSTNeT-3
Daikokutenbussan Co., Ltd. has resolved to acquire its own shares through an off-hour own share repurchase trading (ToSTNeT-3) on October 22, 2025. This decision follows a request from Kimiko Oga, who wishes to sell her shares to pay inheritance taxes related to former chairman Shoji Oga. The company aims to execute a flexible capital policy, mitigate the short-term impact on its stock supply from the sale, reduce the impact on existing shareholders, and improve capital efficiency.
The acquisition will involve up to 437,300 common shares, representing 3.25% of the total outstanding shares (excluding treasury stock), with a total acquisition value not exceeding 3,000,000,000 yen. The purchase will be executed at the closing price of 6,860 yen on October 21, 2025, through a buy order placed on the Tokyo Stock Exchange at 8:45 AM on October 22, 2025.
As of August 31, 2025, Daikokutenbussan had 13,848,893 outstanding shares (excluding treasury stock) and held 653,507 treasury shares. Kimiko Oga has expressed her intention to tender her shares for this repurchase.
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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