---
title: "Shikoku Electric Completes Targeted Share Buyback to Offset Cross-Shareholding Unwind"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/276086706.md"
description: "Shikoku Electric Power Company has completed a buyback of 1,864,000 shares for approximately ¥3.22 billion, finalizing its treasury share acquisition program. This buyback, slightly below the approved limit, aims to mitigate short-term supply-demand pressure and enhance capital efficiency in response to a corporate shareholder's decision to unwind cross-shareholdings. The move is part of a broader strategy to stabilize share price dynamics and signal a commitment to shareholder-focused capital allocation amid Japan's efforts to reduce cross-shareholdings."
datetime: "2026-02-17T01:22:49.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/276086706.md)
  - [en](https://longbridge.com/en/news/276086706.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/276086706.md)
---

# Shikoku Electric Completes Targeted Share Buyback to Offset Cross-Shareholding Unwind

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Shikoku Electric Power Company ( (JP:9507) ) just unveiled an update.

Shikoku Electric Power Company has completed a buyback of 1,864,000 common shares for about ¥3.22 billion via an off-auction own share repurchase transaction (ToSTNeT-3), finalizing the treasury share acquisition program authorized by its board on January 30, 2026. The purchase responds to a corporate shareholder’s decision to unwind cross-shareholdings and is intended to cushion short-term supply-demand pressure on the stock while improving capital efficiency and enhancing corporate value for investors.

The buyback fell slightly below the approved ceiling of 2,000,000 shares and ¥3.5 billion, indicating disciplined use of capital within the preset framework. By directly absorbing shares that might otherwise hit the market, Shikoku Electric aims to stabilize its share price dynamics and signal a shareholder-focused capital allocation stance, which may strengthen its market positioning amid broader moves in Japan to reduce cross-shareholdings.

**More about Shikoku Electric Power Company**

Shikoku Electric Power Company, Incorporated is a regional Japanese electric utility listed on the Tokyo Stock Exchange Prime Market under securities code 9507. The company focuses on the generation, transmission, and distribution of electricity in the Shikoku region, operating within Japan’s regulated but gradually liberalizing power market.

**Average Trading Volume:** 658,683

**Current Market Cap:** Yen324.6B

See more insights into 9507 stock on TipRanks’ Stock Analysis page.

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