Meisei Industrial plans ¥2.74bn share buyback
Meisei Industrial Co., Ltd. announced today that its board of directors resolved to acquire up to 1.7m of its own shares, representing 3.56% of its total outstanding shares (excluding treasury shares). The total acquisition cost is capped at ¥2,743,800,000. This buyback is intended to improve capital efficiency, facilitate a flexible capital policy, and increase shareholder returns.
The acquisition will be conducted via an off-auction own share repurchase transaction (ToSTNeT-3) on the Tokyo Stock Exchange at 8:45 AM on November 21, 2025. The purchase price will be ¥1,614 per share, based on the closing price on November 20, 2025.
As of October 31, 2025, Meisei Industrial had 47,742,730 outstanding shares (excluding treasury shares) and held 7,374,488 treasury shares. The results of the acquisition will be publicly announced after the close of trading at 8:45 AM on November 21, 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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