GMO Internet completes share buyback program
GMO Internet Group, Inc. announced the completion of its share repurchase program, originally resolved by the board of directors on February 12, 2025. The company repurchased 78,000 shares of its common stock between September 1 and September 5, 2025, at a total cost of 305,127,100 yen through open market purchases on the Tokyo Stock Exchange.
This repurchase concludes the program, which aimed to acquire up to 4,600,000 shares, representing 4.40% of outstanding shares (excluding treasury shares), with a maximum cost of 10.0 bn yen, over the period from February 13, 2025, to February 10, 2026. Cumulatively, based on this resolution, GMO Internet Group repurchased 3,198,000 shares at a total cost of 9,999,670,550 yen.
GMO Internet Group states it will continue its long-term share buyback plan, aiming to acquire and cancel approximately 38.35m shares, corresponding to shares issued during capital increases due to the withdrawal from its loan credit business between 2006 and 2007.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
News Alerts
Get instant email alerts when Gmo Internet publishes news
Free account required • Unsubscribe anytime