TOKYO, May 21 (Pulse News Wire) – Solvvy Inc. (7320.T) announced today that its board of directors has extended the share repurchase period until June 30, 2026.
Initially set to conclude on May 31, 2026, the extension was approved due to the lack of anticipated reaching either the total number of shares or the total cost limit within the initial timeframe. Under the amended plan, Solvvy will continue to purchase up to 220,000 ordinary shares, representing 1.88% of the outstanding shares excluding treasury stock, with a total acquisition cost ceiling of ¥300 million. The method of acquisition remains through open-market purchases on the Tokyo Stock Exchange.
As of April 30, 2026, Solvvy had acquired a cumulative total of 55,900 shares at a total cost of ¥87.9 million. The revised timeline now extends the share repurchase program until June 30, 2026. This decision reflects Solvvy's ongoing commitment to managing its capital structure efficiently and enhancing shareholder value.
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