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RAKUS Completes ¥5 Billion Share Buyback and Sets Cancellation to Cut Float

Story Highlights
  • RAKUS completed a ¥5 billion share buyback, purchasing 6,275,600 shares on the Tokyo Stock Exchange.
  • The company will cancel all repurchased shares on March 31, 2026, reducing outstanding stock by 1.74 percent.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
RAKUS Completes ¥5 Billion Share Buyback and Sets Cancellation to Cut Float

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An update from RAKUS Co., Ltd. ( (JP:3923) ) is now available.

RAKUS Co., Ltd. has completed a share buyback program authorized by its board on February 13, 2026, acquiring 6,275,600 common shares through market purchases on the Tokyo Stock Exchange between February 16 and 27 for approximately 5.0 billion yen. The company will cancel all of these treasury shares, representing 1.74% of issued shares, on March 31, 2026, reducing its total shares outstanding to 354,391,000 and signaling an effort to enhance capital efficiency and shareholder value through a leaner share structure.

The most recent analyst rating on (JP:3923) stock is a Hold with a Yen947.00 price target. To see the full list of analyst forecasts on RAKUS Co., Ltd. stock, see the JP:3923 Stock Forecast page.

More about RAKUS Co., Ltd.

RAKUS Co., Ltd., listed on the Tokyo Stock Exchange Prime Market under code 3923, operates in the information technology sector. The company provides cloud-based services and IT solutions, targeting corporate customers seeking to improve efficiency and digitalize their back-office and operational processes.

Average Trading Volume: 3,358,884

Technical Sentiment Signal: Sell

Current Market Cap: Yen314.8B

For detailed information about 3923 stock, go to TipRanks’ Stock Analysis page.

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