YCP Holdings (Global) Limited [9257.T]
TOKYO, Apr 24 (Pulse News Wire) – YCP Holdings (Global) Limited (9257.T) announced today that its wholly-owned subsidiary, YCP Japan, resolved at a board meeting held, to acquire up to 1.5 million shares of the company’s ordinary stock represented by JDRs (Japanese Deposit Receipts). The decision was made to enhance capital efficiency and return benefits to shareholders while maintaining flexibility in capital policy.
The acquisition will be conducted through open-market purchases on the Tokyo Stock Exchange from May 18, 2026, to December 30, 2026. The total value of the JDRs to be acquired is capped at $15 million.
As of April 24, 2026, YCP Holdings had 150 million outstanding shares excluding treasury shares and ¥120 million JDRs outstanding excluding those owned by the company itself. This move aligns with the company's strategy to optimize capital structure and ensure smooth execution within regulatory frameworks.
YCP Japan will utilize two methods for the buyback: designated trading via the trading floor and end-of-day trades through ToSTNeT-2.
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