TOKYO, Apr 01 (Pulse News Wire) – Morpho,inc. (3653.T) completed its share repurchase program through ToSTNET-3 on April 01, 2026, acquiring a total of 117,000 ordinary shares for ¥71.7 million.
The repurchase was initiated based on the resolution made during the board meeting held on March 31, 2026. The primary reasons for the repurchase included the acquisition of shares from Denso Corporation following the expiration of their technology partnership agreement and efforts to enhance capital efficiency and sustain long-term corporate value.
Additionally, the company disclosed changes in major shareholders due to the repurchase transaction. As a result, Chairman and President Hiroyoshi Hiraga now holds 5,210 voting rights, representing 10.10% of the total voting rights, moving him to the top position among major shareholders with 521,018 shares.
The total number of voting rights decreased by 1,170 due to the repurchase, resulting in a revised total of 51,577 voting rights.
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