Using Share Repurchases for M&A and Equity Compensation While Limiting Dilution
First written in FY2023-Q2. 6 of 8 entries say "Advanced", first in FY2023-Q3. Latest entry: FY2025.
1 other company's latest entry also says "Advanced".
- FY2025AdvancedAnnual report
「Status of resolution at the Board of Directors meeting held on 17 October 2024 (Acquisition period: 18 October 2024 to 31 January 2025) 150,000 180,000 Treasury shares acquired during the fiscal year 150,000 115,562」
Under the treasury share acquisition resolution of October 2024, the company acquired 150,000 shares for ¥115.562 million. It also cancelled 100,038 shares. - FY2025-Q1Cancellation of Treasury SharesAnnual report
「At a meeting of the Board of Directors held on 17 May 2024, the company resolved to cancel treasury shares pursuant to Article 178 of the Companies Act and carried this out as follows. (2) Total number of shares cancelled: 100,038 shares (3) Cancellation date: 31 May 2024 (4) Total shares issued after cancellation: 4,128,762 shares」
The company cancelled 100,038 treasury shares, reducing total shares issued to 4,128,762. - FY2024AdvancedAnnual report
「Treasury shares acquired during the fiscal year 50,000 53,365」
For the treasury share acquisition resolved on 14 September 2023, the company acquired 50,000 shares during the fiscal year for ¥53.365 million. - FY2024-Q3AdvancedAnnual report
「Based on a resolution of the Board of Directors meeting held on 14 September 2023, the company acquired 27,300 treasury shares during the third quarter of the current fiscal year.」
For the acquisition of treasury shares for use in M&A and equity compensation and to limit dilution, the company acquired 27,300 shares during the quarter. - FY2024-Q2AdvancedAnnual report
「To improve capital efficiency and enhance shareholder returns while pursuing a flexible capital policy responsive to changes in the business environment. Maximum number of shares that may be acquired: 50,000 shares, representing 1.20% of total shares issued; maximum total acquisition price: ¥80,000,000; acquisition period: 15 September 2023 to 15 March 2024」
The company resolved a new treasury share acquisition program aimed at improving capital efficiency and enhancing shareholder returns. The program sets a maximum of 50,000 shares, a maximum total acquisition price of ¥80 million and a specific acquisition period. - FY2023AdvancedAnnual report
「Treasury shares acquired during the fiscal year: 50,000 shares」
For the acquisition of treasury shares for use in M&A and equity compensation and to limit dilution, the company acquired 50,000 shares during the fiscal year for ¥56.979 million. - FY2023-Q3AdvancedAnnual report
「Based on a resolution of the Board of Directors meeting held on 13 September 2022, the company acquired 43,000 treasury shares during the third quarter of the current fiscal year.」
For the acquisition of treasury shares for use in M&A and equity compensation and to limit dilution, the company acquired 43,000 shares for an acquisition price of ¥47.856 million. - FY2023-Q2First statedAnnual report
「The company decided to acquire treasury shares to obtain an active commitment to increasing corporate value by using treasury shares for M&A and other purposes and for equity compensation for the Group's officers and employees. The company has implemented equity compensation plans using stock acquisition rights and other instruments, but decided to use treasury shares when allocating shares in order to limit dilution. The company set the maximum number of shares to be acquired at 50,000, the maximum total acquisition price at ¥70,000,000, and the acquisition period from 14 September 2022 to 13 March 2023.」
The company initially stated a policy of using treasury shares for M&A and equity compensation while limiting dilution from new share issuance. It also resolved the maximum number of shares and acquisition period for market purchases.