Globeride, Inc.

2026/08/21 Updated
Market Cap: $333.3M (¥53.0B)
Stock Price: $15.73 (¥2,500)
Exchange Rate: 1 USD = ¥158.98

Grove Ride Share Buyback Status | May 2026

Grove Ride announced that between May 14 and May 31, 2026, it acquired 457,300 common shares on the Tokyo Stock Exchange, spending a total of 1,147,450,000 yen.

Importance:
Page Updated: June 1, 2026
IR Disclosure Date: June 1, 2026

Key Figures

  • Total number of shares acquired: 457,300 shares
  • Total acquisition cost of shares: 1,147,452,000 yen
  • Acquisition period: May 14, 2026 to May 31, 2026

AI要約

Overview of Capital Policy

Based on the board of directors' resolution on May 13, 2026, Grove Ride decided to acquire its own shares and acquired 457,300 shares on the Tokyo Stock Exchange from May 14 to May 31. The total acquisition amount was approximately 1,147,450,000 yen, below the maximum limit of 900,000 shares and 15 billion yen. This acquisition was carried out aimed at shareholder returns and capital efficiency enhancement.

Impact on Shareholders and Future Outlook

The share buyback increases the ratio of treasury shares to total issued shares, aiming to enhance shareholder value. The company may continue share buybacks as part of its capital policy, which is expected to contribute to strengthened shareholder returns and stock price stability.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.

Grove Ride Co., Ltd.

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