H2O RETAILING CORPORATION [8242.T]
TOKYO, May 12 (Pulse News Wire) – H2O Retailing Corporation (8242.T) announced today that its board of directors approved a share buyback program during a meeting held on May 12. The decision follows the company’s mid-term business plan for fiscal years 2024 through 2026, which includes plans to repurchase up to ¥30.00 billion worth of shares over three years as part of its shareholder return strategy.
Under the approved plan, H2O Retailing intends to acquire up to 6,000,000 ordinary shares, representing 5.22% of the outstanding shares excluding treasury stocks. The total value of the buyback is capped at ¥10.70 billion.
The buyback period will run from May 13, 2026, to March 31, 2027, and will be executed through open-market purchases via investment mandates handled by securities firms on the Tokyo Stock Exchange. As of April 30, 2026, H2O Retailing had 10,198,076 treasury shares out of a total of 115,003,320 outstanding shares excluding treasury stocks.
Further details on capital cost management and stock price considerations can be found in the company's latest disclosure titled “Progress Towards Achieving Management Based on Capital Costs and Share Prices.”.
🟢 Confidence: High AI-translated content.