TBS Holdings completes significant share buyback program

TBS Holdings, Inc. announced on August 28, 2025, the completion of its treasury share acquisition program, which concluded on August 27, 2025. The company acquired 2,793,000 common shares for a total of JPY 14,789,608,494. This acquisition was executed through market purchases on the Tokyo Stock Exchange via an appointed securities dealer and through the Off-Auction Treasury Shares Repurchase Trading System (ToSTNeT-3).

This final acquisition completes the resolution made at the board of directors meeting on May 14, 2025. The initial resolution permitted the acquisition of up to 5,000,000 common shares, representing 3.05% of issued shares (excluding treasury shares), with a maximum total cost of JPY 25,000,000,000. The acquisition period for the program was set from May 15, 2025, to November 30, 2025.

As of August 27, 2025, the cumulative treasury shares acquired by TBS Holdings under this board resolution reached 4,987,300 shares, with a total acquisition cost of JPY 24,999,686,394. This indicates the company utilized nearly all of the authorized budget and share volume for the buyback.