MEGMILK SNOW BRAND Co.,Ltd. [2270.T]
TOKYO, May 14 (Pulse News Wire) – Megmilk Snow Brand CO.,LTD. (2270.T) resolved today to repurchase up to 2.2 million shares of its common stock through open-market purchases on the Tokyo Stock Exchange.
The buyback program, which aims to enhance capital efficiency based on the company's Next Design 2030 capital policy, will run from May 15, 2026, to March 12, 2027, with a total expenditure limit of 148.9 billion yen. At the board meeting held, the resolution was made pursuant to Article 165(3) of the Companies Act, read as Article 156.
As of April 30, 2026, the company had 104.4 million outstanding shares excluding treasury stocks, and held ¥1.1 million treasury shares. The acquired shares will be canceled according to a resolution expected under Article 178 of the Companies Act.
The decision reflects the company’s strategic approach to balancing share price, capital structure, and funding needs for growth investments.
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