TOKYO, May 14 (Pulse News Wire) – Meito CO.,LTD. (2207.T) decided on a share repurchase program and cancellation based on its Articles of Incorporation and the Companies Act.
The board resolution was made. Under its mid-term management plan “MEITO CHALLENGE 2026,” Meito aims to enhance profitability and capital efficiency while maintaining consistent shareholder returns. Previously, the company completed a portion of its self-share repurchase framework within the fiscal year ending March 2026, amounting to ¥1.500 billion. Considering the surrounding business environment, financial status, and further improvement potential, Meito plans to add ¥1.500 billion to the existing unexecuted part of ¥500 million, setting a total limit of ¥2 billion for the repurchase. The goal is to balance future growth investments and improve capital efficiency sustainably.
The repurchase will involve up to 800,000 shares, representing 4.91% of the outstanding shares excluding treasury stock. The total value of the repurchased shares will be capped at ¥2 billion. The repurchase period will run from May 15, 2026, to March 24, 2027. Additionally, Meito intends to cancel all acquired treasury shares on March 31, 2027. As of March 31, 2026, the company held 349,157 treasury shares out of a total outstanding share count of 16,302,551 excluding treasury stock.
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