PKSHA Technology Inc. [3993.T]
TOKYO, May 01 (Pulse News Wire) – PKSHA Technology Inc. (3993.T) announced today that it suspended its share repurchase program due to acquiring zero shares during the period from February 12, 2026, to April 30, 2026.
The company had initially planned to repurchase up to 148,900 ordinary shares, representing approximately 0.14% of outstanding shares excluding treasury stock, with a total value cap of ¥148,900,000. In a statement, President Katsuya Onoyama explained that despite the intention to execute the repurchase through open-market purchases on the Tokyo Stock Exchange, no transactions were completed within the designated timeframe.
The decision to halt the program was made based on the lack of activity and adherence to regulatory requirements outlined in the Companies Act. As of April 30, 2026, PKSHA Technology had cumulatively acquired 0 shares with a total acquisition cost of ¥0.
The company’s Investor Relations Director, Masato Yamaguchi, stated that further updates would be communicated should there be any changes to the repurchase plan.
🟡 Confidence: Standard AI-translated content.