MegaChips Corporation [6875.T]
TOKYO, Jun 10 (Pulse News Wire) – MegaChips Corporation (6875.T) announced today that it would conduct a share buyback based on its articles of incorporation. The decision was made through a resolution dated June 10, 2026, allowing the company to purchase up to 500,000 shares, representing 3.4% percent of outstanding shares excluding treasury stock.
The total value of the buyback is capped at ¥5.305 billion. This buyback follows a previous resolution on February 6, 2026, which had temporarily halted purchases due to shareholder sell-off intentions. The company plans to execute the buyback via ToSTNet-3 trading on June 11, 2026, at 8:45 AM.
The results will be disclosed immediately after the trading session ends. In addition, MegaChips previously initiated a share repurchase program on February 6, 2026, targeting up to 1,200,000 shares, equivalent to 7.7% percent of outstanding shares excluding treasury stock, with a total value cap of ¥10.00 billion. As of June 10, 2026, the company has purchased 892,800 shares for a total amount of ¥8.345 billion.
The initial phase of this program was paused from May 31, 2026, to June 11, 2026, and will resume thereafter.
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