TOKYO, Mar 19 (Pulse News Wire) – Peers CO.,LTD. (7066.T) announced today that its board of directors, chaired by President Takashi Kano, resolved to repurchase up to 250,000 shares of common stock during the period from March 23, 2026, to September 30, 2026.
The total value of the share buyback program is expected to amount to ¥100 million. This decision was made based on the company's capital policy aimed at enhancing shareholder returns through flexible capital management strategies, taking into account the current market price of the company’s shares and overall financial condition.
The repurchased shares represent 2.7% of the outstanding shares excluding treasury stocks. The buyback will be executed via open-market purchases on the Tokyo Stock Exchange.
As of February 28, 2026, the company had a total of 9,182,643 shares outstanding, excluding treasury stocks, and held 1,002,957 treasury stocks.
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