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M3 : Notice Regarding Repurchase of Own Shares (Repurchase of Shares Under the Provision of M3’s Articles of Incorporation Pursuant to Article 459, Paragraph 1 of the Companies Act)
M3 : Notice Regarding Repurchase of Own Shares (Repurchase of Shares Under the Provision of M3’s Articles of Incorporation Pursuant to Article 459, Paragraph
About this update from M3, Inc.
[{"type":"text","content":"\n Disclaimer: This document is a translation of the original Japanese version. The original Japanese version was prepared and disclosed by the Company in accordance with Japanese accounting standards. This document does not contain or constitute any guarantee and the Company will not compensate for any losses or damages arising from interpretations or actions taken based on this document. In the case of any discrepancies between the Japanese original and this document, the Japanese original is assumed to be correct.\n \n \n \n FOR IMMEDIATE RELEASE: 2025/5/2\n \n \n Listed Name: M3, Inc.\n \n \n (TSE Prime Market, Ticker Code: 2413) (https://corporate.m3.com/en)\n Headquarters: 1-11-44 Akasaka, Minato-ku, Tokyo Representative: Itaru Tanimura, Representative Director Contact: Hirofumi Oba, Corporate Officer\n \n \n \n Notice Regarding Repurchase of Own Shares\n (Repurchase of Shares Under the Provision of M3's Articles of Incorporation Pursuant to Article 459, Paragraph 1 of the Companies Act)\n M3, Inc. (\"Company\") hereby announces that it has resolved, at a meeting of its Board of Directors held today, to repurchase its own common shares pursuant to Article 459, Paragraph 1 of the Companies Act of Japan and the Company's Articles of Incorporation, as follows.\n \n \n Reason for the Repurchase\n \n \n Our basic policy for resource allocation is to retain earnings internally and reinvest them to strengthen our fundamental resource base and prepare for new business development. We determine the level of shareholder returns by comprehensively considering trends in funding needs and cash flow conditions.\n \n \n \n For the current fiscal year, considering our financial position, the business environment, including the fiscal year 2025 and fiscal year 2026 earnings forecasts, the current stock price level, and the request for \"Action to Implement Management that is Conscious of Cost of Capital and Stock Price\" published by the Tokyo Stock Exchange in 2023, we have comprehensively reviewed our resource allocation. As a result, for the current fiscal year, we have decided to implement both a dividend of surplus and the acquisition of treasury shares as shareholder returns.\n \n \n \n Going forward, while strengthening our fundamental resource base and preparing for new business development, we will continue to consider flexible re...