Stanley Electric buys back 2.38m shares in October for over 7.2bn yen
Stanley Electric Co., Ltd. announced that it purchased 2,385,600 shares of its common stock between October 1, 2025, and October 31, 2025, for a total of JPY 7,256,850,700. This buyback was executed on the Tokyo Stock Exchange, including transactions via the ToSTNeT-3 system, in accordance with the company's Articles of Incorporation.
This recent acquisition forms part of a larger treasury stock repurchase program authorized by the board of directors on June 10, 2025. The resolution approved the purchase of up to 35,000,000 shares, representing 23.47% of outstanding shares (excluding treasury stock), with a total purchase price ceiling of JPY 80 billion. The program runs from July 1, 2025, to March 31, 2026.
As of October 31, 2025, Stanley Electric has cumulatively purchased 20,814,600 shares under this resolution, totaling JPY 63,043,002,100. The board entrusted the representative director with all decisions necessary for the execution of this buyback.
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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