LY Corporation announces share repurchase and treasury share cancellation

LY Corporation announced today that its Board of Directors has approved a plan to establish a facility for share repurchase and cancel a portion of its treasury shares. The company aims to repurchase up to 63,400,000 of its own shares (representing 0.89% of total issued shares excluding treasury shares), with a maximum total purchase amount of JPY38.5 billion. The repurchase period will run from July 1, 2025, to September 30, 2025, and shares will be acquired through market purchases on the Tokyo Stock Exchange based on a discretionary trading contract.