Zeon Corporation announces significant share buyback via ToSTNeT-3
Zeon Corporation announced its decision to repurchase 2,277,900 shares of its common stock via an off-auction own share repurchase trading system (ToSTNeT-3) on November 28, 2025. The buy-order will be placed at 8:45 a.m. JST at a price of JPY 1,756 per share, matching the closing price on the Tokyo Stock Exchange from November 27, 2025. This aligns with a resolution approved by the board of directors on April 25, 2025, to acquire up to 10 million shares (5.07% of outstanding shares excluding treasury stock) totaling up to JPY 10 billion.
The planned acquisition is part of an ongoing share repurchase program. As of October 31, 2025, Zeon Corporation had already repurchased 3,722,700 shares for a total value of JPY 5,999,881,250 under the same board resolution. The results of tomorrow's transaction will be announced shortly after 8:45 a.m. JST.
This repurchase underscores Zeon's strategic capital management, aiming to enhance shareholder returns. The company emphasized that the full acquisition is subject to market conditions, and the purchase will be executed through matching sell orders for the anticipated number of shares.
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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