tiprankstipranks
Advertisement
Advertisement

GMO Internet Group Reports No Share Buybacks in March Under Ongoing Repurchase Plan

Story Highlights
  • GMO Internet Group reported that it repurchased no shares and spent nothing on buybacks during March 2026.
  • Despite authorization to repurchase up to 1.1 million shares by February 2027, the company has not yet executed any buybacks under this plan.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
GMO Internet Group Reports No Share Buybacks in March Under Ongoing Repurchase Plan

Claim 30% Off TipRanks

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

GMO Internet Group has disclosed the status of its ongoing share repurchase program authorized under Article 459-1 of the Japanese Companies Act and its articles of incorporation. The program forms part of a long-term shareholder return policy that aims to acquire and ultimately cancel roughly 38.35 million shares issued during a past capital increase linked to its exit from the loan credit business.

For the period from March 1 to March 31, 2026, the company did not repurchase any of its common shares, resulting in a total acquisition amount of zero yen during that month. Under the current board approval, GMO Internet Group is permitted to buy back up to 1.1 million shares, or about 1.10% of its outstanding stock, for a maximum of JPY 2.74 billion through open-market purchases on the Tokyo Stock Exchange until February 10, 2027, but has yet to execute any purchases as of March 31, 2026.

The most recent analyst rating on (JP:9449) stock is a Hold with a Yen3204.00 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 company listed on the TSE Prime Market that operates across internet-related businesses. Its activities span online infrastructure and services, including domains, hosting, and other digital solutions, with a focus on supporting internet-driven markets in Japan and globally.

Average Trading Volume: 357,462

Technical Sentiment Signal: Hold

Current Market Cap: Yen308.9B

Find detailed analytics on 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