TOKYO, May 12 (Pulse News Wire) – Yottavias CO.,LTD. (5598.T) failed to repurchase its shares through the TO-STNET-3 system on Friday, May 12.
Despite preparing for the buyback as previously announced, there were no sell orders submitted, rendering the transaction unsuccessful. As a result, the share repurchase plan approved by the board of directors on May 11, 2026, has concluded. The planned repurchase aimed to acquire up to 2,000 ordinary shares with a total value of ¥6.4 million.
However, the company did not manage to purchase any shares, resulting in a total acquisition cost of ¥0. In light of this failure, Yottavias is considering reinitiating the buyback process. Any further developments will be disclosed promptly.
The company’s representative director, President Yasuyuki Takao, stated that the company remains committed to evaluating alternative strategies to achieve its capital management objectives.
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