Rakus completes JPY 1.99bn treasury share buyback program

Rakus (TSE:3923) announced the completion of its treasury share acquisition program initiated under the provisions of Article 165, Paragraph (2) of the Companies Act. The company repurchased a total of 882,700 of its own shares for a total cost of JPY 1,999,848,500. This includes 205,900 shares acquired between May 16 and May 20, 2025, at a cost of JPY 456,067,700, through discretionary market purchases on the Tokyo Stock Exchange. The buyback program, approved on May 14, 2025, authorized the repurchase of up to 1,200,000 shares (equivalent to 0.66% of outstanding shares) for a maximum expenditure of JPY 2.0 billion, spanning from May 15 to June 13, 2025. Rakus intends to cancel all treasury shares acquired through this buyback on June 30, 2025.