TOKYO, Jun 16 (Pulse News Wire) – Zozo,inc. (3092.T) announced today that its board of directors decided on share buybacks and cancellations based on the Company Law and its articles of incorporation.
The company plans to repurchase up to 43,000,000 shares, representing 4.86% of outstanding shares excluding treasury stock, with a total value of up to ¥30.00 billion. The buyback period is set from June 17, 2026, to December 30, 2026. The decision follows a comprehensive review considering performance trends, financial status, future business and investment plans, and maintaining internal reserves. In light of the new dividend policy targeting more than 80% over five years starting from fiscal 2024, the company concluded that buying back shares would enhance liquidity and align with price movements.
Funds for the buyback will come from existing cash reserves, supplemented by loans if necessary, ensuring ongoing operational liquidity post-buyback. Zozo also resolved to cancel all acquired treasury shares. The cancellation is scheduled for January 29, 2027, contingent upon the completion of the share buyback process. As of March 31, 2026, the company held 7,707,341 treasury shares out of a total of 884,325,031 outstanding shares excluding treasury stock.
This move reflects Zozo's commitment to balancing shareholder returns while maintaining financial health through strategic capital management.
🟢 Confidence: High AI-translated content.