TOKYO, May 01 (Pulse News Wire) – Genda Inc. (9166.T) announced today that its board of directors has approved a share repurchase plan based on Article 165(2) of the Companies Act.
The move comes amid concerns that the company's future profitability is not fully reflected in its current stock price. Under the plan, Genda will set a repurchase limit of up to 2.50 million shares shares, representing 1.36% of outstanding common shares excluding treasury shares. The total value of the repurchase will be capped at ¥1 billion. The repurchase period will run from May 01, 2026 through May 07, 2026.
The company believes that buying back shares at the current price level could reduce effective M&A costs and serve as an opportunity to enhance shareholder value. By acquiring shares now and utilizing them as capital for future M&A transactions, Genda aims to achieve higher per-share earnings growth rates moving forward. Additionally, the repurchase program is expected to support the company’s strategy of continuous non-linear growth through strategic acquisitions. However, market conditions and investment opportunities may affect the execution of the plan, potentially leading to partial or complete non-execution.
As of April 30, 2026, Genda held 4,408,376 treasury shares out of a total of 187,846,582 outstanding shares excluding treasury shares.
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