Piolaxinc concludes JPY 2bn share buyback program
Piolaxinc disclosed the completion of its share buyback program. The company acquired 72,300 common shares between November 1 and November 18, 2025, at a total cost of JPY 123,425,800. This acquisition was executed through market purchases on the Tokyo Stock Exchange, bringing the program, which commenced in May 2025, to a close.
The share buyback program, approved by the board of directors on May 12, 2025, initially authorized the acquisition of up to 1,200,000 shares, representing 4.6% of outstanding shares, with a maximum value of JPY 2,000,000,000. The period for these acquisitions was set from May 13, 2025, to March 31, 2026.
As of November 18, 2025, the cumulative total of shares acquired under this resolution reached 1,104,000 shares, with a total acquisition cost of JPY 2,000,000,000. This latest announcement marks the full execution of the previously approved share repurchase plan.
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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