Teikoku Electric Mfg. completes 3.46 bn yen treasury share buyback

Teikoku Electric Mfg. Co., Ltd. announced the completion of its tender offer to acquire treasury shares, which ran from November 19, 2025, to December 17, 2025. The company purchased 1,286,400 common shares at a price of 2,689 yen per share.

This acquisition represents 7.62% of the total number of issued shares. The total cost for the share acquisition amounted to 3,459,129,600 yen, excluding processing fees and other sundry expenses. The planned maximum number of shares to be acquired was 1,300,100, at a maximum cost of 3,495,968,900 yen.

The completion of this tender offer fulfills the company's resolution from its Board of Directors meeting on November 18, 2025, to purchase treasury shares. Mizuho Securities Co., Ltd. is handling the settlement, with the settlement start date set for January 14, 2026.