Optorun completes JPY4.145bn treasury stock tender offer

Optorun (TSE: 6235) announced the completion of its previously announced tender offer for its own shares, effective March 17, 2025. The company successfully acquired 2,500,000 shares of common stock at a price of ¥1,658 per share, totaling ¥4.145 billion. The tender offer, which began on February 17, 2025, was oversubscribed, with total applications reaching 3,308,308 shares, necessitating a pro-rata distribution for purchase. This acquisition represents 5.64% of Optorun's outstanding shares. With the completion of the tender offer, Optorun's planned acquisition of treasury stock, as resolved by the board of directors on February 14, 2025, is now concluded. The settlement is scheduled to begin on April 9, 2025, facilitated through Mizuho Securities.