M3, Inc. TSE:2413
M3 : Notice Regarding the Status of 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)
Source: MarketScreener
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.
FOR IMMEDIATE RELEASE: 2025/6/6
Listed Name: | M3, Inc. |
(TSE Prime Market, Ticker Code: 2413) | |
(https://corporate.m3.com/en) | |
Headquarters: | 1-11-44 Akasaka, Minato-ku, Tokyo |
Representative: | Itaru Tanimura, Representative Director |
Contact: | Hirofumi Oba, Corporate Officer |
(Repurchase of Shares Under the Provision of M3's Articles of Incorporation Pursuant to Article 459, Paragraph 1 of the Companies Act)
M3, Inc. ("Company") hereby announces the status of the repurchase of its own common shares pursuant to Article 459, Paragraph 1 of the Companies Act of Japan and the Company's Articles of Incorporation, which was approved at the meeting of its Board of Directors held on May 2, 2025, as follows.
(1) | Class of shares for repurchase | Common shares |
(2) | Total number of shares repurchased | 277,500 shares |
(3) | Total purchase amount for shares repurchased | 538,486,250 yen |
(4) | Period of repurchase | May 3, 2025 to May 31, 2025 |
(5) | Method of repurchase | Open market purchase through the Tokyo Stock Exchange based on a discretionary trading contract |
(Reference)
Details of Matters Relating to the Repurchase, resolved at the Board of Directors meeting
(1)
Class of shares for
repurchase
Common shares
(2)
Total number of shares for repurchase
20 million shares (maximum)
(2.95% of total number of shares issued and outstanding (excluding treasury shares))
(3)
Total purchase amount for
repurchase of shares
20 billion yen (maximum)
(4)
Period of repurchase
May 3, 2025 to April 30, 2026
(5)
Method of repurchase
Open market purchase through the Tokyo Stock Exchange
based on a discretionary trading contract
Depending on market environment and other factors, it is possible that no share repurchase, or a share repurchase of only a portion of the above, will be carried out.
Total number of shares
repurchased
277,500 shares
Total purchase amount for
shares repurchased
538,486,250 yen
Total number and purchase amount of shares repurchased pursuant to the above-mentioned resolution of its Board of Directors (as of May 31, 2025)