TOKYO, Mar 13 (Pulse News Wire) – ORO CO.,LTD. (3983.T) announced today that its board of directors has resolved to repurchase up to 1.5 million shares of its common stock based on provisions outlined in Article 165(2) of the Companies Act.
The decision was made to enhance shareholder returns and improve capital efficiency. The repurchase program will commence on March 18, 2026, and conclude on September 30, 2026. The total value of the repurchase is capped at ¥148.9 billion.
The repurchased shares will be retired, excluding those needed for restricted share-based compensation programs. The exact timing of the retirement will be communicated once finalized. Additionally, as of February 28, 2026, ORO held 365,063 treasury shares out of a total outstanding share count of 100,615,000 shares, excluding treasury shares.
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