TOKYO, Mar 17 (Pulse News Wire) – Emimen CO.,LTD. (9237.T) announced today that its board of directors, convened, resolved to repurchase up to 100 million shares of its common stock based on Article 165, Paragraph 3 of the Companies Act, which applies provisions similar to those outlined in Article 156.
The decision was made to enhance capital policy flexibility in response to changing economic conditions and improve overall financial standing. Additionally, the acquired shares could be utilized for future investment opportunities related to growth strategies through mergers and acquisitions (M&A). Key details of the share repurchase plan include: - Maximum number of shares to be repurchased: ¥100 million (representing approximately 1.01% of outstanding shares excluding treasury shares).
- Total amount allocated for the repurchase: up to ¥1 billion. - Duration of the repurchase program: from March 24, 2026, to June 30, 2026. - Method of acquisition: open-market purchases pursuant to a discretionary trading agreement.
As of January 31, 2026, Emimen held 270 treasury shares out of a total of 10.89 billion outstanding shares excluding treasury shares.
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