AVANT GROUP CORPORATION [3836.T]
TOKYO, May 07 (Pulse News Wire) – Avant Group Corporation (3836.T) completed its share repurchase program based on a resolution passed during the board meeting held on February 25, 2026. The company repurchased a total of 169,600 shares, with a total acquisition value of ¥229.2 million.
The repurchase was conducted through ToSTNeT-3 transactions on the Tokyo Stock Exchange and pursuant to a market purchase agreement. The repurchase period covered from April 01, 2026, to April 28, 2026. With this completion, the share repurchase program decided upon in the aforementioned board meeting has concluded. In addition, the company plans to cancel 500,300 shares, representing 1.38% percent of the outstanding shares excluding treasury stock.
The cancellation is scheduled for May 29, 2026. Previously, up until April 28, 2026, the company had cumulatively acquired 1,150,300 shares with a total acquisition cost of ¥1.600 billion. For reference, the initial resolution allowed for the repurchase of up to 1,650,000 shares, equivalent to 4.52% percent of the outstanding shares excluding treasury stock, with a total acquisition value cap of ¥1.600 billion. The repurchase period was set from February 25, 2026, to February 26, 2026, and could also extend beyond February 27, 2026.
The cancellation plan includes all shares purchased from November 28, 2025, to February 26, 2026, and those acquired thereafter, with cancellations planned for March 31, 2026, and June 30, 2026.
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