Default7844Marvelous Inc.
Marvelous Completes Share Repurchase Under Company Law Article 178
TOKYO, Aug 06 (Pulse News Wire) – Marvelous Inc. (7844.T) completed the repurchase and cancellation of its own shares as stipulated by Article 178 of the Companies Act on August 06, 2026.
The resolution was made during the board meeting held on July 31, 2026. According to the announcement, the company repurchased ordinary shares amounting to 5,003,341.
This represents 8.04% of the total outstanding shares prior to the repurchase. The post-repurchase situation shows that the number of outstanding shares excluding treasury shares stands at 56,213,059, while the remaining treasury shares stand at 1,000,000.
This action aligns with Marvelous Inc.'s ongoing strategy to manage its capital structure effectively.
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