TOKYO, Apr 10 (Pulse News Wire) – Cocolive Co., Ltd. (137A.T) announced today that its board of directors, held, approved a share repurchase program based on Article 165, Paragraph 3 of the Companies Act, which applies provisions similar to those outlined in Article 156 of the same act.
The company intends to enhance capital efficiency and implement flexible capital policies aimed at long-term performance growth. It believes the current stock price does not fully reflect its future potential. With the repurchase plan, Cocolive expects to maintain robust financial foundations while retaining sufficient funds for future investments.
Acquired shares will be used strategically for mergers and acquisitions or as incentives for employees. Under the plan, up to 150,000 ordinary shares, representing 4.9% of outstanding shares, will be purchased at a total cost of up to ¥100 million. The repurchase period runs from April 13, 2026, to January 31, 2027, through open-market purchases facilitated by a contract with the Tokyo Stock Exchange.
This initiative underscores Cocolive's commitment to balancing growth investment and shareholder returns, aiming to maximize enterprise value moving forward.
🟢 Confidence: High AI-translated content.