TOKYO, Mar 19 (Pulse News Wire) – Cota CO.,LTD. (4923.T) announced today that its board of directors, held, resolved to repurchase shares based on Article 178 of the Companies Act.
The company plans to repurchase 2,103,200 ordinary shares, representing approximately 6.39% of the outstanding shares prior to the repurchase. The repurchase is scheduled for March 27, 2026. As of February 28, 2026, the total number of issued shares was 32,934,663. Following the repurchase, the total number of issued shares will be reduced to 30,831,463.
Additionally, the company previously disclosed a share split ratio of 1:1.05, which will increase the post-split total number of issued shares to 32,373,036. In addition to the repurchase, Cota CO.,LTD. established a basic policy for holding and repurchasing treasury shares. The company intends to maintain treasury shares at around 10% of the total issued shares, including treasury shares.
Any excess will generally be repurchased.
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