TOKYO, May 12 (Pulse News Wire) – Drecom CO.,LTD. (3793.T) announced today that its board of directors, held, approved a share repurchase program based on Article 459(1) of the Companies Act and Article 32 of its articles of incorporation.
The company plans to repurchase up to 1,524,000 shares (representing 5.3% of outstanding shares excluding treasury stock). The total amount allocated for the repurchase is capped at ¥500 million. The repurchase period runs from May 13, 2026, to May 12, 2027. The method of acquisition will involve open-market purchases through the Tokyo Stock Exchange.
This decision was made considering the stabilization of the company's financial foundation following structural changes and the current stock price levels. The primary objectives are to improve capital efficiency and strengthen investments in human resources, particularly aimed at securing high-quality talent and enhancing employee engagement through equity incentives. As of May 12, 2026, the company had 28,929,817 outstanding shares excluding treasury stock, and 516,395 treasury shares. Additionally, the company’s employee incentive plan, “Stock Option Plan” (ESOP), includes 480,400 shares owned by Japan Trust Bank, which are included in the aforementioned number of treasury shares.
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