TOKYO, May 07 (Pulse News Wire) – MBK CO.,LTD. (3121.T) announced today that its board of directors held on December 12, 2025 resolved to implement a share buyback program based on Article 156 of the Companies Act, as amended by Article 165(3).
Further details were finalized during the May 7 board meeting. Under the plan, MBK will initiate the buyback through the Tokyo Stock Exchange's ToSTNeT-3 system starting at 8:45 AM on May 08, 2026. The buyback will target up to 760,000 shares, representing 2.50% of the outstanding shares excluding treasury stock. The total amount spent on the buyback will not exceed ¥159.6 million.
The results of the buyback will be disclosed immediately after trading hours on December 11, 2026 at 8:45 AM. However, due to market conditions, some or all of the planned buybacks might not occur. Additionally, MBK received notice from Total Network Holdings Limited, a major shareholder, indicating their intention to sell part of their holdings, which could lead to changes in the company’s major shareholders. In related news, MBK previously decided on a similar buyback program during the December 12, 2025 board meeting, targeting up to 2,500,000 shares, equivalent to 8.04% of the outstanding shares excluding treasury stock, with a budget limit of ¥500 million.
The initial phase of this earlier decision resulted in the repurchase of 1,342,000 shares for a total expenditure of ¥316.1 million as of May 7, 2026.
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