J. Front Retailing Co., Ltd.
Notice on the Resolution Regarding Treasury Stock Acquisition (Based on the Provisions of Article 459, Paragraph 1 of the Companies Act)
J. Front Retailing will purchase up to 5,000,000 shares of treasury stock (2.00% of the total number of issued shares) via market purchase, with a total acquisition value capped at 10 billion yen, from April 15, 2026 to June 26, 2026.
Key Figures
- Maximum Number of Shares to Acquire: 5,000,000 shares (2.00% of total issued shares)
- Maximum Acquisition Value: 10 billion yen
- Acquisition Period: April 15, 2026 to June 26, 2026
AI要約
Overview of Capital Policy
At the Board of Directors meeting held on April 14, 2026, J. Front Retailing Co., Ltd. resolved, pursuant to Article 459, Paragraph 1 of the Companies Act and Article 39 of the Articles of Incorporation, on the matters concerning the acquisition of treasury stock. The shares to be acquired are common shares with an upper limit of 5,000,000 shares (2.00% of the total number of issued shares) and a total acquisition value capped at 10 billion yen. The acquisition period is from April 15, 2026 to June 26, 2026, and acquisitions will be conducted through market purchases on the Tokyo Stock Exchange.
Shareholder Return Policy and Future Initiatives
Under the "Medium-Term Management Plan 2024-2026," the company aims to improve profitability, optimize shareholders' equity, and strengthen shareholder returns. It clearly states its basic policy on shareholder returns to provide profit distribution through stable dividends and flexible, proactive treasury stock acquisition. During the medium-term plan period, the company intends to maintain a consolidated dividend payout ratio of 40% or more and focus on optimizing shareholders' equity through treasury stock acquisition.
