SHIFT Inc.
Notice Regarding the Resolution on Share Buyback (Buyback of Treasury Stock Based on the Article 165, Paragraph 2 of the Companies Act)
SHIFT Corporation plans to conduct a share buyback of up to 7.9 million shares, representing 3.00% of the total outstanding shares, with a maximum total acquisition amount of 10 billion yen from January 19, 2026, to March 31, 2026.
Key Figures
- Maximum number of shares to be acquired: 7.9 million shares (3.00% of total outstanding shares)
- Maximum acquisition amount: 10 billion yen
- Acquisition period: 2026-01-19 to 2026-03-31
AI要約
Overview of Capital Policy
SHIFT Corporation has resolved to conduct a share buyback as part of its growth strategy. The acquisition target is common shares, up to 7.9 million shares, equivalent to 3.00% of total outstanding shares excluding treasury stock, with an acquisition amount capped at 10 billion yen. The acquisition period is scheduled from January 19, 2026, to March 31, 2026. The share buyback is based on the judgment that the stock price is undervalued and offers a more attractive investment compared to M&A. The acquired shares will not be cancelled but retained as part of the growth strategy investment.
Impact on Shareholders and Future Outlook
This share buyback has an upper limit of 3.00% of total outstanding shares, aiming to improve shareholder value. The acquisition is expected to provide temporary price support and enhance EPS; however, since the shares will not be cancelled, no dilution will occur. The company continues to position M&A as a core pillar of its growth strategy and will pursue attractive investment opportunities while maintaining financial soundness.
