Recovery International Co.,Ltd. [9214.T]
TOKYO, Apr 01 (Pulse News Wire) – Recovery International CO.,LTD. (9214.T) announced today that it had purchased 11,500 shares of its own common stock during the period from March 1, 2026, to March 31, 2026, based on agreements made during this timeframe.
The total cost of these repurchased shares was ¥16,617. The buyback was conducted through open-market purchases on the Tokyo Stock Exchange. According to the company’s statement, this action aligns with the provisions outlined in Article 165, Paragraph 2 of the Companies Act, which allows for such transactions under certain conditions. In related developments, the company's board of directors held meetings on April 16, 2025, and October 15, 2025, to approve the share repurchase plan.
During these sessions, the board agreed to acquire up to 100,000 ordinary shares, representing approximately 8.00% percent of the outstanding shares excluding treasury shares. The total value limit set for the repurchase was ¥165,0. The initial approved period for the repurchase was from April 17, 2025, to April 16, 2026, but this period was later extended. As of March 31, 2026, the cumulative number of shares acquired stood at 81,900, with a total expenditure of 117 955 ¥500.
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