TOKYO, Mar 25 (Pulse News Wire) – Property Data Bank,inc. (4389.T) announced today that its board of directors, held on March 25, approved a share buyback program based on Article 156 of the Companies Act, as amended by Article 165(3).
The company plans to execute the buyback through the ToSTNeT-3 system on March 26 at 8:45 AM. The primary reasons for the buyback include enhancing capital efficiency and shareholder returns, as well as enabling more flexible capital management strategies. The total number of shares to be repurchased is up to 1,600,000. The aggregate purchase price is set at ¥1.286 billion.
The final results will be disclosed immediately after the trading session ends on March 26. Additionally, the company received notice from Ken Corporation indicating an intention to sell back its holdings of Property Data Bank's shares amounting to 1,470,000. Depending on the outcome, there could be changes in the composition of major shareholders. Any significant developments will be promptly communicated to stakeholders.
As of September 30, 2025, the outstanding shares excluding treasury stock stood at 11,822,295, while the company held 42,705 treasury shares.
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