MegaChips completes share buyback program early
MegaChips Corporation confirmed on December 12, 2025, the completion of its share repurchase program, which concluded earlier than its original April 30, 2026, deadline. The company acquired 78,300 shares of common stock at a total cost of JPY 636,945,000 between December 1 and December 11, 2025, through market purchases on the Tokyo Stock Exchange.
This recent acquisition brings the cumulative total of shares repurchased under the May 2025 resolution to 1,605,500 shares. The total acquisition value for these repurchases amounts to JPY 9,999,850,000, nearing the maximum authorized expenditure of JPY 10,000,000,000.
The initial resolution allowed for the purchase of up to 1,700,000 shares, representing 10.0% of outstanding shares (excluding treasury stock). MegaChips has indicated that further details regarding the retirement of these treasury shares will be announced once the retirement date is finalized.
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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