Globeride Completes Share Repurchase Under Company Law Article 178

TOKYO, Jul 31 (Pulse News Wire) – Globeride,inc. (7990.T) completed the repurchase and cancellation of its own shares as decided at the board meeting held on May 13, 2026.

According to the company’s statement: 1. Type of Shares Repurchased: Ordinary shares of Globeride,inc. 2. Total Number of Shares Repurchased: 600,700 (representing 2.8% of the outstanding shares excluding treasury stock prior to repurchase).

3. Repurchase Completion Date: July 31, 2026. Following the completion of the share repurchase, the total number of outstanding shares excluding treasury stock stands at 21,197,687. This action aligns with provisions outlined in Article 178 of the Company Law, aimed at enhancing shareholder value through strategic capital management.