TOKYO, Jun 11 (Pulse News Wire) – I-mobile CO.,LTD. (6535.T) announced today that its board of directors resolved to repurchase up to 1,200,000 shares of its common stock through the ToSTNeT-3 system on June 12, 2026, beginning at 8:45 AM.
The buyback will be executed based on the closing price of June 11, 2026. The total value of the repurchase is capped at ¥196.8 million. The company plans to disclose the results immediately after the trading session ends on June 12, 2026. Additionally, the repurchase will continue until June 30, 2026, within the limits set by the initial resolution.
Any changes to the number of shares or the total amount will remain unchanged, though market conditions could affect the execution of the entire plan. i-mobile also secured agreements from key shareholders, including Chairman Masahiko Tanaka and President Tetsuya Noguchi, to sell portions of their holdings. As of January 31, 2026, Tanaka held 1,000,000 shares representing 1.00%, while Noguchi held 500,000 shares accounting for 0.50%. This move underscores the company's commitment to maintaining shareholder value and optimizing capital structure.
🟡 Confidence: Standard AI-translated content.