Marvelous Inc. will acquire up to 4,630,700 common shares, representing approximately 7.61% of its total issued shares, to stabilize its shareholder composition.
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The repurchase is a strategic response to the planned divestment of shares by the company’s largest shareholder, Image Frame Investment (HK) Limited.
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The acquisition will be executed via the Tokyo Stock Exchange’s ToSTNeT-3 system on August 3, 2026, at a fixed price of ¥468 per share.
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The total expenditure for the share repurchase program is capped at approximately ¥2.17 billion.
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This capital policy follows the termination of a capital and business alliance and the discontinuation of a specific project as part of a broader corporate restructuring.
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The company reserves the right to cancel or partially execute the acquisition based on market conditions and the availability of matching sell orders.
Insights
01
Marvelous Inc. will acquire up to 4,630,700 common shares, representing approximately 7.61% of its total issued shares, to stabilize its shareholder composition.
02
The repurchase is a strategic response to the planned divestment of shares by the company’s largest shareholder, Image Frame Investment (HK) Limited.
03
The acquisition will be executed via the Tokyo Stock Exchange’s ToSTNeT-3 system on August 3, 2026, at a fixed price of ¥468 per share.
04
The total expenditure for the share repurchase program is capped at approximately ¥2.17 billion.
05
This capital policy follows the termination of a capital and business alliance and the discontinuation of a specific project as part of a broader corporate restructuring.
06
The company reserves the right to cancel or partially execute the acquisition based on market conditions and the availability of matching sell orders.