GMO Internet to acquire Prime Strategy, launches 10 bn yen share buyback
GMO Internet Group, Inc. has launched a tender offer for Prime Strategy shares, aiming to acquire 50.10% to 60.00% ownership at 1,600 yen per share. The offer period is from November 26, 2025, to December 23, 2025, with an expected total acquisition cost of 3,544 million yen. This move is part of a capital and business alliance agreement to leverage synergies between their Internet infrastructure and security businesses. Prime Strategy is expected to remain listed on the Tokyo Stock Exchange Standard Market post-acquisition.
Concurrently, GMO Internet Group has authorized a share repurchase program of up to 10 billion yen for 4,200,000 common shares, representing 4.14% of its outstanding shares. The repurchase period also runs from November 26, 2025, to February 12, 2026, through open market purchases on the Tokyo Stock Exchange. This initiative aims to enhance capital efficiency and increase corporate value, aligning with the company's shareholder return policy of 50% total profit.
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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