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

Progress of Share Buyback|May 2026

Cover Co., Ltd. acquired 1,557,200 common shares from May 15 to May 31, 2026, totaling 2,480,327,300 yen. This is part of the plan to acquire up to 3,000,000 shares.

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

Key Figures

  • Number of shares acquired: 1,557,200 shares (total amount 2,480,327,300 yen)
  • Acquisition period: May 15, 2026 to May 31, 2026
  • Maximum shares to be acquired: 3,000,000 shares (total amount 3 billion yen)

AI要約

Overview of Share Buyback

As resolved by the Board of Directors on May 14, 2026, Cover Co., Ltd. purchased common shares through market buyback at the Tokyo Stock Exchange from May 15 to May 31, 2026. The number of shares acquired was 1,557,200 with a total amount of 2,480,327,300 yen. The planned maximum was 3,000,000 shares totaling 3 billion yen, but only a part of this plan was executed.

Capital Policy and Future Outlook

This share buyback is considered part of shareholder return strategies, with continued implementation anticipated based on market conditions and capital policy. The acquired shares represent approximately 52% of the planned total, suggesting measures aimed at preventing dilution and enhancing shareholder value. The progress of the buyback may influence future shareholder return initiatives and capital policy directions.

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

Cover Co., Ltd.

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