Harima B.Stem Suspends Share Repurchase Program Early Due to Lack of Activity
TOKYO, Aug 03 (Pulse News Wire) – HARIMA B.STEM Corporation (9780.T) announced that it had completed its share repurchase program ahead of schedule due to insufficient activity during the designated period. As of July 01, 2026, the company did not acquire any shares, with the total number of shares acquired remaining at 0.
The repurchase was originally set to run until February 05, 2027. The initial resolution, disclosed on February 06, 2026, aimed to repurchase up to 400,000 ordinary shares, representing 4.34% of the outstanding shares excluding treasury stock. The total value of the repurchases was capped at ¥300 million.
However, the company conducted no transactions through ToSTNeT-3 or the Tokyo Stock Exchange during the period from July 01, 2026, to July 31, 2026. As of July 31, 2026, the total amount spent on share repurchases remained at ¥292.3 million, with no shares actually purchased. The company's decision reflects the lack of suitable opportunities within the defined parameters.
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