Glory Ltd.
Decision on Share Buyback and Cancellation | May 15, 2026
Glory, Inc. announced that during the period from May 18, 2026, to March 31, 2027, it will acquire up to 4,000,000 shares of its common stock (maximum limit), with a total amount of up to 1.2 billion yen (maximum limit) through market purchases, and plans to cancel the acquired shares on June 30, 2027. This initiative aims to enhance shareholder return efforts.
Key Figures
- Number of shares to be acquired: 4,000,000 shares (maximum limit)
- Total acquisition amount: 1.2 billion yen (maximum limit)
- Scheduled cancellation date: June 30, 2027
AI要約
Overview of Capital Policy
Glory, Inc. resolved to acquire up to 4,000,000 shares of its common stock (maximum limit), with a total amount of up to 120 billion yen (maximum limit), through market purchases on the Tokyo Stock Exchange from May 18, 2026, to March 31, 2027. The acquired shares are scheduled to be cancelled on June 30, 2027. This measure is part of a shareholder return policy targeting a total pay-out ratio of over 100%, aligned with the company's basic approach to profit distribution.
Impact on Shareholders and Future Outlook
The share buyback and cancellation will increase the proportion of treasury shares relative to total shares issued, expected to suppress dilution and improve shareholder value. Funds will be used for market purchases, contributing to stabilizing stock prices and strengthening shareholder returns. The company plans to continue considering sustainable shareholder value maximization by implementing ongoing capital policy measures to return shares to shareholders.
Glory, Inc.
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