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FINWIRES

Sakata Seed to Buy Back Up to 5 Billion Yen of Own Shares

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Sakata Seed's (TYO:1377) board approved a share buyback of up to 1 million shares, representing 2.36% of its outstanding stock, for a maximum of 5 billion yen.

The repurchase period runs from Aug. 3, 2026, through May 28, 2027, through market purchases and ToSTNeT-3 off-auction trading, according to a Tokyo bourse filing.

The move aims to enhance shareholder returns and improve capital efficiency, following the company's sixth consecutive dividend increase.

As of May 31, the company held 3.07 million treasury shares, excluding 76,580 shares held in a board benefit trust.

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