Kobe Bussan, which operates the Gyomu Super chain, announced on the 29th that it will repurchase up to 16 million shares, or 7.21% of its outstanding shares, for up to 40 billion yen. The acquisition period runs from the 30th to April 30, 2027. The company said the move is aimed at expanding shareholder returns, as well as easing the short-term impact on share supply and demand from the issuance of euro-yen convertible bonds with new share warrants, maturing in 2033, which was approved the same day, and ensuring smooth fundraising.
Kobe Bussan Co., Ltd.Kobe Bussan announced a buyback of up to 16 million shares (7.21%) for up to 40 billion yen to expand shareholder returns.
