TOKYO, Mar 19 (Pulse News Wire) – GMO Internet Group,inc. (9449.T) extended its share buyback defense policy until 2027, effective from March 20, 2026.
The board decided to continue the policy during a meeting held, which includes measures against large-scale share acquisitions without prior approval. The policy requires potential acquirers to disclose comprehensive information and undergo a review process by the board. It also mandates a waiting period before any acquisition activities can commence. Additionally, the board retains the right to implement countermeasures deemed necessary to protect shareholder interests and the company's value.
As of March 19, 2026, Masatoshi Kumagai’s office holds 28.84% of shares, while Kumagai himself owns 28.84%. Both entities maintain friendly relations with the company but are not subject to the policy due to their status as significant shareholders. However, there are no other prominent major shareholders, indicating a dispersed shareholding structure among institutional investors, banks, and individuals. The board emphasized the importance of maintaining transparency and fairness throughout the evaluation process, involving independent special committees and external experts to ensure objectivity and.
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