Disposal of Treasury Shares to Yanmar Agri Through a Third-Party Allotment
First written in FY2024. 1 of 2 entries say "Achieved", first in FY2025-H1. Latest entry: FY2025-H1.
6 other companies' latest entry also says "Achieved".
- FY2025-H1AchievedAnnual report
「At a meeting of the Board of Directors held on 30 April 2024, the Company resolved to dispose of 200,000 treasury shares through a third-party allotment to Yanmar Agri Co., Ltd., and the payment procedures were completed on 17 May 2024.」
The completion of the payment procedures for the third-party allotment of 200,000 treasury shares to Yanmar Agri was confirmed in the shareholders' equity section for the interim accounting period. - FY2024First statedAnnual report
「The Company considered measures to strengthen its agricultural machinery business, further develop collaboration with business partners and establish a stable business platform. It discussed with Yanmar Agri Co., Ltd. ways to strengthen their relationship to achieve these objectives. As a result of the discussions, the Company determined that having Yanmar Agri acquire the treasury shares disposed of by the Company through a third-party allotment would contribute to enhancing the medium- to long-term corporate value of both companies, and resolved to carry out this disposal of treasury shares.」
The Company disclosed that on 17 May 2024 it would dispose of 200,000 treasury shares to Yanmar Agri through a third-party allotment at ¥492 per share, for a total of ¥98.4 million, to strengthen its agricultural machinery business and collaborative relationship.