Sumitomo Seika completes initial treasury stock acquisition
Sumitomo Seika Chemicals announced the status of its treasury stock acquisition. From November 13 to November 30, 2025, the company acquired 25,300 shares of its common stock. The total acquisition cost for this period amounted to JPY 133,916,000.
This acquisition follows a resolution passed at a board of directors meeting on November 12, 2025. The resolution outlined a potential acquisition of up to 210,000 shares, representing approximately 1.6% of outstanding shares (excluding treasury shares), with a maximum total acquisition cost of JPY 1,000,000,000. The broader acquisition period extends from November 13, 2025, to March 31, 2026, with purchases to be made through market transactions on the Tokyo Stock Exchange.
As of November 30, 2025, the cumulative number of treasury shares acquired under this resolution stands at 25,300, with a cumulative acquisition cost of JPY 133,916,000. The company will continue to report on further acquisitions.
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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