Source disclosure: January 29, 2026
Simplex Holdings,Inc. [4373.T]
TOKYO, Jan 29 (Pulse News Wire) – Simplex Holdings,inc. (4373.T) decided to repurchase up to 5,500,000 shares of its common stock, representing up to 2.41% percent of outstanding shares excluding treasury shares.
The buyback, aimed at enhancing capital efficiency and shareholder returns, will commence on January 30, 2026 and conclude on May 31, 2026. The board approved the plan during a meeting held, based on provisions outlined in the Company Law.
The funds for the repurchase will entirely come from internal resources, with the company's cash and cash equivalents standing at ¥17.70 billion as of December 31, 2025. Management believes this will maintain financial health and stability post-repurchase.
Key details of the share repurchase include: - Total number of shares to be acquired: up to [figure] - Maximum total cost: ¥5 billion - Method: Over-the-counter trading through ToSTNeT-3 and open-market purchases via the Tokyo Stock Exchange Additionally, the company received indications from major shareholders, including Chairman Eiji Kaneko and founding members, expressing willingness to contribute some of their holdings towards fulfilling the repurchase commitment.
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