Keio completes initial phase of treasury stock repurchase program

Keio Corporation (TSE:9008) has repurchased 200,000 common shares at a total cost of JPY 789,162,600. The acquisition, conducted via market purchase on the Tokyo Stock Exchange, took place between November 20, 2025, and November 30, 2025, aligning with the company's Board of Directors resolution from November 10, 2025.

The ongoing treasury stock program aims to acquire a maximum of 3,400,000 common shares, representing 2.9% of the total issued shares (excluding treasury shares), with a spending cap of JPY 10,000,000,000. The acquisition period for this program extends from November 18, 2025, to March 31, 2026.

As of November 30, 2025, the cumulative treasury stock acquired under the current board resolution totals 200,000 shares, amounting to JPY 789,162,600. The company utilizes a "delivery date basis" for reporting, meaning the shares are considered acquired two business days after the trade date, when Keio Corporation substantively holds them.