TOKYO, May 14 (Pulse News Wire) – Change Holdings,inc. (3962.T) announced today that its board of directors, held, resolved to repurchase shares based on provisions outlined in Article 165(3) of the Companies Act, which applies Article 156 of the same act.
The primary reasons for the share repurchase include enhancing shareholder returns and enabling flexible investment strategies through mergers and acquisitions (M&A) and alliances. The company plans to acquire up to 2,500,000 ordinary shares, representing 3.59% of outstanding shares excluding treasury stock. The total value of the repurchased shares will amount to ¥2 billion.
The repurchase period will commence on May 15, 2026, and conclude on November 30, 2026. The acquisition will take place via market purchases on the Tokyo Stock Exchange, conducted under a discretionary account agreement specifically designed for such transactions. As of March 31, 2026, the company had a total of 69,578,947 outstanding shares excluding treasury stock, with 4,273,415 being treasury shares.
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