Secom completes share repurchase program, considers further investment unit reduction

Security services provider Secom (TSE: 9735) announced today the completion of its share repurchase program, initiated on May 13, 2025, as authorized by the Board of Directors on May 12, 2025. Over the period ending May 31, 2025, the company repurchased 1,687,400 of its own shares at a total cost of JPY 9,027,126,700. This buyback was conducted via market purchases on the Tokyo Stock Exchange, under a program allowing for the repurchase of up to 18,000,000 shares at a maximum total price of JPY 60,000,000,000, set to expire on December 17, 2025. Secom emphasizes that reducing investment units is a recognized strategy to broaden investor participation and improve stock liquidity. In related news, the company is carefully considering further investment unit reductions, factoring in share price levels, trading liquidity, shareholder composition, and associated costs, following its 2-for-1 common stock split on October 1, 2024.