COVER Corporation

5253.T
Software - Application
2026/08/21 Updated
Market Cap: $617.7M (¥98.2B)
Stock Price: $9.69 (¥1,540)
Exchange Rate: 1 USD = ¥158.98

Decision on Share Buyback | May 14, 2026

Cover Corporation has decided to acquire up to 3,000,000 shares (4.6%) of its shares through market purchases for a total amount of 3,000,000,000 yen, aiming to enhance capital efficiency and respond to changing management environments. The acquisition period is from May 15, 2026, to July 8, 2026.

Importance:
Page Updated: May 14, 2026
IR Disclosure Date: May 14, 2026

Key Figures

  • Type of shares to be acquired: Common shares
  • Total number of shares that can be acquired: 3,000,000 shares
  • Total acquisition cost of shares: 3,000,000,000 yen

AI要約

Overview of Capital Policy

Cover Corporation has decided to acquire, through market purchases, up to 3,000,000 shares (4.6% of issued shares) in order to improve capital efficiency and respond to changes in the management environment. The acquisition period runs from May 15, 2026, to July 8, 2026, with a maximum total amount of 3,000,000,000 yen. The aim is to enhance shareholder returns and strengthen financial health.

Impact on Shareholders and Future Outlook

The share buyback aims to prevent dilution of shares and to increase shareholder value. Changes in the number of shares and capital structure after acquisition are expected to improve per-share indicators and stabilize stock prices. The company intends to continue flexibly executing its capital policy to enhance corporate value.

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

Cover Corporation

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