MAX Announces Zero Share Repurchases in May

TOKYO, Jun 01 (Pulse News Wire) – MAX CO.,LTD. (6454.T) disclosed today that it did not repurchase any shares during the period from May 1, 2026, to May 31, 2026, based on resolutions made at its board meeting held on April 30, 2026.

According to the resolution, the company was authorized to repurchase up to 0 shares (representing 0% of outstanding shares excluding treasury stock) at a total value of up to ¥7.100 billion through open market purchases via ToSTNeT-3 on the Tokyo Stock Exchange until December 31, 2026. As of May 31, 2026, the cumulative number of shares repurchased remained at 0, with a total acquisition cost of ¥0.

In the board meeting on April 30, 2026, the company also decided to set a cap of 4,000,000 shares (equivalent to 2.22% of outstanding shares excluding treasury stock) for potential future repurchases, with a maximum expenditure limit of ¥7.100 billion. The initial repurchase period was scheduled to run from May 1, 2026, to December 31, 2026.