Source disclosure: February 12, 2026
PIOLAX,INC. [5988.T]
TOKYO, Feb 12 (Pulse News Wire) – Piolax,inc. (5988.T) announced today that its board of directors, chaired by President Satoshi Yamada, resolved to repurchase up to 10 million shares of its common stock at a total value of up to ¥10 billion.
The resolution was made during a meeting held, based on the Company Law's provisions allowing for share buybacks aimed at enhancing corporate value. The repurchase program, which forms part of the capital policy initiated on November 7, 2024, is set to run until December 31, 2026. The company plans to execute the buyback through open-market purchases on the Tokyo Stock Exchange.
As of January 31, 2026, PIOLAX had 12,468,613 treasury shares out of a total outstanding share count of 100,000,000 shares excluding treasuries. This move aligns with PIOLAX’s strategy to accelerate growth and improve shareholder returns over the next three years. The company previously outlined its capital policy and growth strategy in a notice dated November 7, 2024.
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