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Toho Gas Reports Progress on Share Buy-back Following Stock Split

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Toho Gas Reports Progress on Share Buy-back Following Stock Split

Meet Samuel – Your Personal Investing Prophet

The latest announcement is out from TOHO GAS Co ( (JP:9533) ).

Toho Gas Co., Ltd. has disclosed the status of its ongoing share buy-back program, conducted under the authority of its Articles of Incorporation in line with the Companies Act. The company repurchased 2,504,600 shares of common stock on the Tokyo Stock Exchange between April 1 and April 30, 2026, for a total consideration of ¥3,210,355,562.

This repurchase forms part of a broader board-approved authorization allowing buy-backs of up to 16 million shares, or 4.4% of outstanding shares excluding treasury stock, with a total value ceiling of ¥15 billion through September 30, 2026. The increase in the maximum number of shares follows a 4-for-1 stock split effective April 1, 2026, underscoring Toho Gas’s ongoing capital management efforts that may support shareholder returns and optimize its equity structure over the medium term.

More about TOHO GAS Co

Toho Gas Co., Ltd. is a Japanese energy utility supplying city gas and related services, primarily in the Tokai region. Listed on the TSE Prime Market and NSE Premier Market under securities code 9533, the company focuses on stable gas supply and associated energy solutions for residential, commercial, and industrial customers.

YTD Price Performance: 4.16%

Average Trading Volume: 926,730

Technical Sentiment Signal: Buy

Current Market Cap: Yen440.6B

See more insights into 9533 stock on TipRanks’ Stock Analysis page.

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