Gunosy Buys Back Shares Through ToSTNeT-3, Ends Buyback Program

TOKYO, Aug 05 (Pulse News Wire) – Gunosy Inc. (6047.T) completed its share buyback program through the ToSTNeT-3 system on August 5.

The company bought back 3,550,000 shares at a total cost of ¥1.289 billion. This concludes the buyback plan approved by the board on August 4, which had set a cap of 3,900,000 shares, representing up to 18.18% of outstanding shares excluding treasury stocks, with a total value limit of ¥1.416 billion.

The decision to repurchase shares was based on a comprehensive evaluation of the company's stock price and financial condition. The aim is to enhance shareholder returns and capital efficiency while maintaining flexibility in capital policy to adapt to changing business environments.

This marks the end of Gunosy Inc.'s recent share buyback initiative, which aimed to strengthen its financial position and improve overall capital management strategies.