tiprankstipranks
Advertisement
Advertisement

GMO Internet Group Launches New ¥2.74 Billion Buyback After Completing Treasury Share Cancellation

Story Highlights
  • GMO Internet Group will cancel 924,559 treasury shares, advancing its long-term plan to retire stock issued during its 2006–2007 capital increase.
  • The company approved a new share repurchase program of up to ¥2.74 billion, reinforcing its policy to return 50% of net income to shareholders through dividends and buybacks.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
GMO Internet Group Launches New ¥2.74 Billion Buyback After Completing Treasury Share Cancellation

Claim 55% Off TipRanks

GMO Internet ( (JP:9449) ) has issued an update.

GMO Internet Group has completed a previously authorized share buyback and will cancel 924,559 treasury shares, representing 0.85% of its outstanding stock, on March 18, 2026, as part of a long-running capital policy. The company’s cumulative treasury share acquisitions will reach about 19.95 million shares and cumulative cancellations about 10.45 million shares, moving it past the halfway mark toward its long-term goal of retiring shares issued during a 2006–2007 capital increase following withdrawal from the loan credit business.

In tandem, the board approved a new share repurchase program of up to 1.1 million shares, or 1.10% of outstanding shares, with a budget of JPY 2.74 billion to be executed via open-market purchases on the Tokyo Stock Exchange from February 13, 2026, through February 10, 2027. The program aligns with the group’s policy of returning 50% of net income to shareholders, with at least 33% via dividends and the remainder via buybacks, aiming to enhance capital efficiency, support corporate value, and provide continued returns to shareholders.

The most recent analyst rating on (JP:9449) stock is a Hold with a Yen4339.00 price target. To see the full list of analyst forecasts on GMO Internet stock, see the JP:9449 Stock Forecast page.

More about GMO Internet

GMO Internet Group, Inc. is a Japan-based technology and internet services conglomerate listed on the Tokyo Stock Exchange Prime Market. The group operates across online infrastructure, internet advertising and media, and fintech and related digital services, focusing on recurring, internet-centric businesses that generate stable cash flow and support long-term shareholder return programs.

Average Trading Volume: 262,568

Technical Sentiment Signal: Buy

Current Market Cap: Yen374.2B

See more insights into 9449 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1