Stanley Electric Co., Ltd. (TSE:6923) announces a share repurchase program. Under the program, the company will repurchase up to 35,000,000 shares, representing 23.47% of its issued share capital, for ¥80,000 million. The purpose of the program is to enhance shareholder returns and improve capital efficiency.
The program is valid till March 31, 2026. As of May 31, 2025, the company had 149,110,918 shares (excluding treasury stock) in issue and 2,889,082 shares are in treasury.