TOKYO, Apr 01 (Pulse News Wire) – ORO CO.,LTD. (3983.T) announced today that its board of directors, held on March 13, 2026, resolved to repurchase own shares based on provisions stipulated in Article 165(3) of the Companies Act, which applies by analogy to Article 156 of the same act.
As of March 31, 2026, the company had acquired a total of 1,489,000 ordinary shares, amounting to ¥148,900,000. The repurchase program was originally approved on March 13, 2026, allowing the company to acquire up to 1,489,000 ordinary shares, representing approximately 1.489% of outstanding shares excluding treasury stock.
The total acquisition value was capped at ¥148,900,000, with the repurchase period set from March 18, 2026, to March 31, 2026. This decision reflects ORO's strategic approach to capital management and shareholder returns.
The company continues to monitor market conditions and adjust its share buyback activities accordingly within the established parameters.
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