Marui Group reports progress in treasury stock acquisition plan

Marui Group Co., Ltd. (TSE:8252) announced the progress of its treasury stock acquisition plan, revealing that it purchased 1,467,700 shares of its common stock for JPY3,907,607,200 on the Tokyo Stock Exchange between March 1 and March 31, 2025. This acquisition is part of a larger plan approved by the Board of Directors on November 12, 2024, which authorized the company to acquire up to 11 million shares, representing 5.88% of issued shares excluding treasury stock, for a total value of up to JPY20 billion between November 15, 2024, and May 15, 2025. As of March 31, 2025, Marui Group has acquired a total of 6,009,100 shares for JPY15,305,189,150, representing 54.63% and 76.53% of the total number of shares and value approved for acquisition, respectively. The buyback program is in accordance with Article 165, Paragraph 2 of the Companies Act and Article 156, as applied pursuant to Article 165, Paragraph 3.