TOKYO, May 11 (Pulse News Wire) – LITALICO Inc. (7366.T) announced today that its board of directors has approved a share repurchase program based on Article 459, Paragraph 1 of the Companies Act.
The purpose of the repurchase is to enhance capital efficiency, improve capital policy flexibility, and return value to shareholders. Under the plan, LITALICO will acquire up to 1,000,000 shares, representing approximately 1.01% of outstanding shares excluding treasury stock. The total cost of the repurchase will be capped at ¥1 billion.
The repurchase will take place through open-market purchases on the Tokyo Stock Exchange from May 12, 2026, to September 30, 2026, pursuant to a discretionary trading agreement. As of March 31, 2026, LITALICO had 99,375,621 ordinary shares outstanding, excluding treasury stock. The company currently holds 1,004,379 treasury shares.
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