Leopalace21 corrects details on treasury stock repurchase

Leopalace21 Corporation (TSE:8848) issued a correction to its previous announcement regarding the repurchase of treasury stock, the tender offer for treasury stock, and the repurchase of treasury stock acquisition rights. The correction addresses the number of shares to be repurchased in the tender offer. While the company set the number of shares at 137,072,803, it clarifies that if the total number of shares tendered exceeds this figure, the company will implement a pro rata allocation method for repurchase and not necessarily repurchase all excess shares. The tender offer period, price of JPY522 per share, and other terms remain unchanged.