Morito announces zero share repurchase in February

Morito Co., Ltd. (TSE: 9837) announced today the status of its share repurchase program based on Article 165, Paragraph 2 of the Companies Act. The company stated that between February 1, 2025, and February 28, 2025, it did not acquire any of its own shares. Therefore, the total number of shares repurchased was zero, with a total acquisition value of zero yen. This decision falls under a board resolution passed on January 14, 2025, which had authorized the potential repurchase of up to 1,200,000 shares, representing 4.5% of outstanding shares (excluding treasury stock), for a maximum total acquisition cost of ¥2,000,000,000. As of February 28, 2025, Morito has 26,712,791 outstanding shares (excluding treasury stock) and holds 3,287,209 of its own shares.