On the 11th, GMO Media <6180> announced the decision regarding the acquisition of treasury stock based on the provisions of Article 156 of the Company Act as interpreted and applied under Article 165, paragraph 3 of the same Act.
We will acquire treasury stock in order to pursue a flexible capital policy and enhance shareholder returns in response to changes in the business environment.
Based on the market purchase method under the entrusted trading contract for self-purchase of shares to a securities company, the acquisition will be made from November 12, 2024 to March 31, 2025. The total number of shares that can be acquired is 20,000 common shares of the company (ceiling) (1.14% of the total issued shares (excluding treasury stocks)), and the total acquisition price of the shares is 0.1 billion yen (ceiling).
As of September 30, 2024, the status of treasury stock holding is that the total number of issued shares (excluding treasury stocks) is 1,752,732 shares, and the number of treasury shares held is 116,107 shares.