Raito Kogyo completes treasury stock acquisition program
Raito Kogyo has completed its treasury stock acquisition program, which ran from November 1 to November 20, 2025. During this period, the company acquired 139,000 shares of its common stock for a total of JPY 450,056,000 through a discretionary trading agreement. This action aligns with Article 165, Paragraph 3 of the Companies Act, as applied by reading it in accordance with Article 156 of the same act.
The completion of this acquisition follows a resolution passed at a board of directors meeting on February 6, 2025. The original resolution permitted the acquisition of up to 3,300,000 shares of common stock, representing 7.29% of the outstanding shares (excluding treasury stock), with a total acquisition value not exceeding JPY 7,000,000,000, between February 7, 2025, and December 30, 2025.
Cumulatively, as of November 20, 2025, based on the aforementioned board resolution, Raito Kogyo has acquired a total of 2,497,100 shares of its treasury stock, with a total acquisition cost of JPY 6,999,971,900. The completion of the acquisition program before the December 30 deadline indicates the company has fulfilled its objectives under the current 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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