Ichigo Office REIT Investment Invests in Itself Amid Market Fluctuations
TOKYO, Aug 03 (Pulse News Wire) – Ichigo Office REIT Investment Corporation (8975.T) disclosed on August 3 that it had acquired a total of 3,718 units of its own investment shares during the period from July 21 to July 31, 2026. The acquisition was made based on the provisions of Article 80, Paragraph 2 of the Law Concerning Investment Trusts and Investment Corporations, which applies to self-investment share acquisitions.
The total purchase price amounted to ¥359.6 million. The transaction was executed through a securities firm's discretionary trading method.
According to the resolution passed by the corporation’s board of directors on July 17, 2026, the upper limit for the number of self-acquired shares was set at 20,000 units, with a ceiling on the total acquisition cost of ¥1.500 billion. This move reflects Ichigo Office REIT's strategy to bolster investor confidence and stabilize its stock price amidst ongoing market volatility.
The decision underscores the company's commitment to maintaining liquidity and enhancing shareholder value.
