Toho Gas Launches ¥15 Billion Share Buyback Around 4-for-1 Stock Split

An update from TOHO GAS Co ( (JP:9533) ) is now available.

Toho Gas Co., Ltd. has announced that its board has approved a share buy-back program aimed at enabling timely and flexible capital policy measures. The company plans to repurchase up to 4 million shares of common stock, equivalent to 4.4% of its outstanding shares excluding treasury stock, for a total outlay of up to ¥15 billion during the period from April 1, 2026 to September 30, 2026.

The buyback parameters will adjust following a previously announced 4-for-1 stock split effective April 1, 2026, increasing the maximum number of shares to be acquired to 16 million while maintaining the same overall value cap. This move is likely to support shareholder returns and could enhance capital efficiency, potentially improving earnings per share and signaling management’s confidence in the company’s financial position.

The most recent analyst rating on (JP:9533) stock is a Buy with a Yen5397.00 price target. To see the full list of analyst forecasts on TOHO GAS Co stock, see the JP:9533 Stock Forecast page.

More about TOHO GAS Co

Toho Gas Co., Ltd. is a Japanese utility operating in the energy sector, primarily engaged in the supply of city gas. Listed on the TSE Prime and NSE Premier markets under securities code 9533, the company serves a broad customer base and is a key regional gas provider, making its capital policy decisions closely watched by investors and stakeholders.

Average Trading Volume: 204,751

Technical Sentiment Signal: Buy

Current Market Cap: Yen477.5B

For a thorough assessment of 9533 stock, go to TipRanks’ Stock Analysis page.