TOKYO, Mar 23 (Pulse News Wire) – Oomitsu CO.,LTD. (3160.T) announced today that its board of directors approved a share buyback program based on Article 165, Paragraph 3 of the Companies Act.
The purpose of the buyback is to enable flexible capital policy adjustments in response to changing business environments. Under the plan, up to 150,000 shares will be repurchased through the ToSTNET-3 off-market trading system on March 24, 2026, starting at 8:45 AM. The total value of the buyback will not exceed ¥85.7 million. The number of shares represents up to 1.0% of the outstanding shares excluding treasury stocks.
As of February 28, 2026, the company had 456,712 treasury shares out of a total of 14,426,588 outstanding shares. The results of the buyback will be disclosed immediately after the trading session ends at 8:45 AM. The company emphasized that while the buyback may proceed as planned, market conditions could affect the execution. Any changes to the buyback plan will be communicated accordingly.
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