Obic completes share repurchase, boosts shareholder returns
Obic Co., Ltd. announced on November 7, 2025, the completion of its off-market own share repurchase transaction (ToSTNeT-3). The company acquired 583,500 common shares for a total of JPY 2,798,466,000.
This follows the resolution communicated on November 6, 2025, to acquire up to 600,000 shares, representing 0.14% of outstanding shares (excluding treasury shares), with a maximum acquisition cost of JPY 2,877,600,000. The acquisition was conducted to improve capital efficiency, return profits to shareholders, and maintain a flexible capital policy.
Obic's common shares were purchased at JPY 4,796 per share, matching the closing price on November 6, 2025. The transaction was executed at 8:45 AM on November 7, 2025, through the Tokyo Stock Exchange's ToSTNeT-3 system.
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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