Onoken completes initial phase of treasury share repurchase program
Onoken Co., Ltd. today disclosed the status of its treasury share acquisition, initiated following a board meeting held on November 7, 2025. The company acquired 108,800 shares of common stock, amounting to a total value of JPY 149,831,300. The acquisition period for these shares ran from November 11, 2025, to November 30, 2025, executed through market purchases on the Tokyo Stock Exchange.
This acquisition is part of a larger resolution approved by the board on November 7, 2025, which authorized the repurchase of up to 450,000 common shares, representing 1.82% of the total outstanding shares (excluding treasury shares). The maximum acquisition cost for this program was set at JPY 500,000,000. The overall acquisition period for the program extends from November 11, 2025, to March 24, 2026.
As of November 30, 2025, the cumulative total of treasury shares acquired under this resolution stands at 108,800 shares, with a cumulative acquisition cost of JPY 149,831,300. These repurchases align with the provisions of Article 165, Paragraph 2 of the Companies Act, based on the company's Articles of Incorporation.
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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