Jvckenwood Announces Share Repurchase Plan

TOKYO, Aug 03 (Pulse News Wire) – JVCKENWOOD Corporation (6632.T) decided on a share repurchase plan during its board meeting held on August 03, 2026. The company plans to repurchase up to 3 million shares shares, representing 2.12% of outstanding shares excluding treasury stock, with a total acquisition cost capped at ¥3 billion.

The repurchase period will run from August 04, 2026 to October 30, 2026. Based on its shareholder return policy, which prioritizes stable dividend payouts while considering financial conditions and growth investments within a targeted total payout ratio range of 30 to 45%, JVCKENWOOD aims to enhance capital efficiency through this repurchase.

The decision was made after evaluating recent financial status, business environment, and stock price levels. Additionally, the company intends to cancel the acquired shares.

Details on the number of shares to be canceled and the cancellation timing will be disclosed once finalized.