Paltac acquires over 100,000 shares in ongoing buyback program

Paltac Corporation (TSE:8283) disclosed the status of its treasury share acquisition for the period of August 5, 2025, to August 31, 2025. During this timeframe, the company acquired 119,200 shares of common stock at a total cost of 534,827,289 yen. These acquisitions were conducted via open market purchases on the Tokyo Stock Exchange through a discretionary trading agreement.

This acquisition is part of a larger share buyback program approved by Paltac's board of directors on August 4, 2025. The resolution authorized the company to acquire up to 1,500,000 shares of common stock, representing 2.43% of the total outstanding shares (excluding treasury shares), with a maximum total cost of 5,000 million yen.

The approved acquisition period for the broader program extends from August 5, 2025, to May 29, 2026. As of August 31, 2025, the cumulative total of treasury shares acquired under this resolution stands at 119,200 shares for a total of 534,827,289 yen.