Properst to repurchase up to 400,000 shares
Properst announced today, October 20, 2025, that its board of directors has approved the acquisition of its own shares. The company aims to acquire up to 400,000 shares of its common stock, representing 1.20% of its total outstanding shares (excluding treasury stock).
The total acquisition cost will not exceed JPY 100,000,000. This share repurchase program is scheduled to commence on October 21, 2025, and conclude by December 26, 2025. Acquisitions will be executed through market purchases on the Tokyo Stock Exchange.
As of September 30, 2025, Properst reported 35,147,915 outstanding shares, with 1,737,140 shares held as treasury stock. The company stated the buyback's purpose is to respond to changes in the business environment and facilitate a flexible capital policy.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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