Morinaga Milk Industry details November treasury stock repurchase
Morinaga Milk Industry announced its treasury stock acquisition status for November 2025. The company acquired 176,800 shares of its common stock between November 1 and November 30, 2025, with the total acquisition cost amounting to 635,457,100 yen. This aligns with the company's policy on treasury stock acquisition based on Article 165, Paragraph 2 of the Companies Act.
The acquisition is part of a larger resolution approved at a Board of Directors meeting held on May 13, 2025. This resolution outlined plans to acquire up to 3,800,000 shares of common stock, with a total acquisition value not exceeding 10,000,000,000 yen. The period for this broader acquisition plan is set from May 14, 2025, to March 31, 2026, with acquisitions conducted through market purchases on the Tokyo Stock Exchange.
As of November 30, 2025, the cumulative treasury stock acquired under the Board of Directors resolution totals 2,304,100 shares, with a total acquisition value of 7,692,775,800 yen.
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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