EGuarantee enhances shareholder returns with new policy, buybacks

EGuarantee (TSE:8771) announced a significant shift in its shareholder return policy, driven by a commitment to prioritize shareholder value. The company will implement a progressive dividend policy, targeting a payout ratio of 50% or higher with the goal of maintaining or increasing dividend levels. To further improve shareholder returns and enhance capital efficiency, EGuarantee also plans to undertake ongoing and flexible share repurchases, targeting a total buyback amount of JPY 10 billion by the end of the fiscal year ending March 2028. In line with this strategy, the Board of Directors resolved to acquire up to 3,000,000 of its own shares (6.26% of outstanding shares excluding treasury stock) for a total cost of up to JPY 3.0 billion. This repurchase program will run from June 2, 2025, to March 31, 2026, and will be executed through market purchases on the Tokyo Stock Exchange. Further changes in the company's leadership include the resolution to appoint Takahiro Hori as Independent Director, effective June 27, 2025, with Shuji Kano newly joining as General Manager of Sales Division 1.