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TYO:9449

5 stories mentioning TYO:9449Updated 19d ago

Every FINWIRES story that references TYO:9449, newest first.

Asia

GMO Internet to File Shelf Registration for 130 Million Yen Stock Acquisition Rights

GMO Internet (TYO:9449) said its board agreed to submit a shelf registration statement for stock acquisition right certificates as part of its takeover defense policy, according to a Tuesday release.The Japanese internet service company said that the statement replaces the shelf registration statement expiring Aug. 5, 2026, and will cover two years from Aug. 6, 2026, through Aug. 5, 2028.The planned issue amount will be 130 million yen, including the issue price of the stock acquisition rights and the amount payable upon their exercise.

TYO:9449
Asia

GMO Internet Creates Chief AI Transformation Officer Role

GMO Internet (TYO:9449) appointed founder and group CEO Masatoshi Kumagai as chief AI transformation officer to oversee the company's AI initiatives, according to a Tokyo Stock Exchange filing on Monday.The board created the role on July 13 as the company seeks to accelerate AI adoption across the group amid the shift from generative AI to physical AI.Kumagai will retain his roles as chairman and group CEO.

TYO:9449
Asia

GMO Internet Launches 30 Billion Yen Share Buyback Program

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.

TYO:9449
Asia

GMO Internet Group Fixes Terms for 25 Billion Yen in Multi-Tranche Corporate Bond Issuance

GMO internet group (TYO:9449) has decided on the terms for its 12th, 13th, and 14th series of unsecured straight corporate bonds, totaling 25 billion yen, according to a Tokyo bourse filing on Friday.The three tranches consist of a 10 billion yen 3-year bond with a 2.436% coupon, a 10 billion yen 5-year bond with a 3.132% coupon, and a 5 billion yen 7-year bond with a 3.842% coupon.All bonds have a denomination of 100 million yen, an issue price of 100% of par, and a closing date of June 4.Proceeds will be used for bond redemption, with Daiwa Securities serving as lead manager for two tranches alongside a syndicate of major securities firms. The bonds carry an A- rating from Japan Credit Rating Agency.Coupon payments will occur semi-annually on June 4 and December 4.

TYO:9449
Asia

GMO Internet Group Prices Secondary Offering of Unit Shares at 710 Yen

GMO internet group (TYO:9449) said it set the offering price at 710 yen per share for the sale of 61.5 million shares in its listed subsidiary GMO Internet, according to a Monday filing on the Tokyo Stock Exchange.The offering represents about 22.4% of voting rights and is scheduled for delivery on April 28, with an additional over-allotment option of 13.7 million shares.The company expects to book an extraordinary profit of about 40.5 billion yen on a non-consolidated basis, while the impact on consolidated earnings will be limited.Following the transaction, its stake in the subsidiary will fall to about 58.1% but it will remain a consolidated unit.

TYO:9449

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