GMO Internet (TYO:9449) will start a new share repurchase program with an upper limit of 30 billion yen, covering up to 16 million shares or 16.3% of outstanding shares.
The buyback program will be conducted via open market purchases on the Tokyo Stock Exchange from June 22, 2026, through June 21, 2027, according to a Tokyo bourse filing on Friday.
The buyback aligns with the company's shareholder return policy, targeting a 50% total payout ratio, with dividends at least 33% of profit and treasury acquisitions amounting to 50% of profit less dividends.
Acquired shares will be progressively cancelled in amounts equivalent to 17% of profit attributable to owners of the parent.