Megmilk Snow Brand completes November share buyback

Megmilk Snow Brand Co. Ltd. has completed its latest share repurchase, acquiring 238,600 common shares for JPY 703,465,500 during November 2025. This repurchase was conducted via market transactions on the Tokyo Stock Exchange, as part of a larger buyback initiative announced on May 14, 2025.

The ongoing repurchase program, which commenced on May 15, 2025, and is set to conclude by March 13, 2026, authorized the company to buy back up to 10,000,000 shares, representing 14.8% of its total outstanding shares (excluding treasury stock), with a maximum expenditure of JPY 20,000,000,000.

As of November 30, 2025, Megmilk Snow Brand has repurchased a cumulative total of 6,088,600 shares under this program, at a total cost of JPY 17,259,666,400. This demonstrates significant progress towards the announced targets for the current buyback period.