Globeride completes share buyback, plans cancellation

Globeride, Inc. announced on November 11, 2025, the completion of its share repurchase through an off-auction own share trading system (ToSTNeT-3) on the Tokyo Stock Exchange. The company repurchased 1,200,000 shares of its common stock for a total of JPY 2,769,600,000.

The acquired shares, representing 5.2% of the total outstanding shares (excluding treasury shares), will be canceled in accordance with Article 178 of the Companies Act. The scheduled cancellation date for these 1,200,000 common shares is November 28, 2025.

This initiative aims to enhance shareholder returns and improve capital efficiency, as previously stated.