TOKYO, Mar 17 (Pulse News Wire) – Mori Hills REIT Investment Corporation (3234.T) announced today that its board of directors has decided to repurchase up to 6,800 units of its own shares based on Article 80(2) of the Investment Trust and Investment Corporations Law, as amended by Article 80(5)(2). The total cost of the share repurchases will not exceed ¥1 billion.
The repurchase program will take place through open-market purchases on the Tokyo Stock Exchange during the period from March 18, 2026 to July 10, 2026. The repurchase ratio will be up to 0.36% of the outstanding shares excluding self-held shares.
The repurchase will end upon reaching either the number limit or the price limit, or when the designated period expires. In addition, Mori Hills REIT plans to cancel all acquired shares through a resolution by its board of directors within the fiscal year ending June 30, 2026.
As of March 17, 2026, the corporation had no self-held shares among its total outstanding shares of 1,886,235.
🟢 Confidence: High AI-translated content.