USS (TYO:4732) has adjusted its facility share repurchase (ASR) following SMBC Nikko Securities' exercise of the 24th series warrants, resulting in the delivery of 752,800 shares at an exercise price of 1 yen.

The adjustment reflects the difference between the 8.32 million shares SMBC Nikko sold to the company on May 13, and the 7.64 million purchasable shares based on an average Volume Weighted Average Price (VWAP) of 1,915.3763 yen.

As a result, the substantive number of own shares repurchased by USS through the ASR is 9.58 million shares, with the substantive total purchase price remaining unchanged at nearly 18 billion yen, according to a bourse filing on Friday.