TOKYO, May 15 (Pulse News Wire) – SAN Holdings,inc. (9628.T) announced today that its board of directors has approved a share repurchase program aimed at enhancing shareholder returns and improving capital efficiency.
The decision was made during a meeting held on May 15. Under the plan, up to 1,450,000 shares, representing approximately 1.45% of outstanding shares excluding treasury stock, will be purchased at a total cost not exceeding ¥1.489 billion.
The buyback will take place through open-market purchases on the Tokyo Stock Exchange from May 18 until October 31, 2026. As of April 30, 2026, the company had 100,971,526 ordinary shares outstanding excluding treasury stock.
Additionally, the company does not include 197,652 shares owned by employee stock ownership plans in its calculation of treasury stock holdings.
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