Toda Corporation Completes ¥7 Billion Share Buyback and Sets Full Cancellation

Toda Corporation ( (JP:1860) ) has issued an announcement.

Toda Corporation has completed an off-auction share repurchase via ToSTNeT-3 on the Tokyo Stock Exchange as part of its shareholder return strategy under its Medium Term Management Plan 2027. The company acquired 4,651,100 common shares, equal to 1.53% of outstanding shares excluding treasury stock, for about ¥7.0 billion, reaching the upper limit of the previously authorized buyback envelope.

The repurchased shares are scheduled to be fully cancelled on March 30, 2026, a move aimed at enhancing capital efficiency and boosting shareholder value through a reduced share count. The transaction also finalizes the issuance terms of the company’s first stock acquisition rights via third-party allotment for an accelerated share repurchase, reinforcing Toda’s commitment to an aggressive total payout framework and more efficient balance sheet management.

The most recent analyst rating on (JP:1860) stock is a Hold with a Yen1679.00 price target. To see the full list of analyst forecasts on Toda Corporation stock, see the JP:1860 Stock Forecast page.

More about Toda Corporation

Toda Corporation is a Japan-based construction company listed on the TSE Prime Market under securities code 1860. The group focuses on building and civil engineering projects and is executing a Medium Term Management Plan 2027 that emphasizes shareholder returns, including maintaining a dividend on equity of at least 3.5% and a total payout ratio target of around 70%.

Average Trading Volume: 708,744

Technical Sentiment Signal: Buy

Current Market Cap: Yen453.5B

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