Buffalo Inc. details share repurchases for november

Buffalo Inc. announced it acquired 124,000 of its common shares for JPY603,478,000 in November 2025. This acquisition, from November 1 to November 30, 2025, is part of a larger share repurchase program.

The program was authorized by the board of directors on August 8, 2025, to acquire up to 1,000,000 common shares, representing 7.86% of total issued shares (excluding treasury shares), with a maximum total cost of JPY3,500,000,000. This program is set to run from August 9, 2025, to April 30, 2026.

As of November 30, 2025, the cumulative total of treasury shares purchased under this resolution stands at 774,000 shares, with a total acquisition cost of JPY2,878,478,000.