SAKURASAKU PLUS,Co.,Ltd. [7097.T]
TOKYO, Jun 12 (Pulse News Wire) – Sakurasaku Plus,co.,ltd. (7097.T) announced today that its board of directors resolved to repurchase up to 106,700 shares of common stock, representing up to 2.4% of its outstanding shares excluding treasury shares.
The buyback is set to take place through the ToSTNeT-3 system on June 15, 2026, at 8:45 AM. The company's decision to repurchase shares is based on its commitment to enhancing shareholder returns and improving capital efficiency. Additionally, the move aims to enable more flexible capital management strategies in response to changing business environments. The total amount allocated for the share repurchase does not exceed ¥300.1 million.
The repurchase price per share will be determined based on the closing price, which was ¥2,813. The results of the repurchase will be disclosed immediately following the completion of trading on June 15, 2026, at 8:45 AM. Notably, the company has received notice from former president Yoshiaki Nishio indicating his intention to sell his holdings of ordinary shares in the company. As of May 31, 2026, the company held 174,884 treasury shares out of a total of 4,454,216 outstanding shares excluding treasury shares.
Share buyback
Shares
106,700 shares
Total cost
n/a
Period
n/a
Source: TDNet filing
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