Komori
Treasury Stock3984User Local,Inc.Information and Communications, Services and Others

Notice Regarding the Decision on Matters Concerning the Acquisition of Treasury Shares and the Decision on Matters Concerning the Cancellation of Treasury Shares

The company decided to acquire up to 270,000 treasury shares through market purchases, for a total amount of up to ¥400 million. All acquired shares will be cancelled on 25 December 2026.

Worth reading
47Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Improvement
Direction inferred from the company’s description.
Scale
270000
Shares (maximum)
Wording
Definitive
How definitive the wording is.

Resolution on acquisition limit

Resolved 12 November 2026Market purchases on the Tokyo Stock Exchange
Total acquisition price¥400 million (maximum)
Maximum number of shares to be acquired270,000 shares (maximum)The Company's common shares
1.72%Maximum number that can be acquired

The full horizontal line represents all issued shares, with marks at 10% intervals. The colored section represents the percentage stated in the resolution as the maximum proportion that may be repurchased under it.
This is a limit, and does not mean that the company will buy back all of it. The amount actually acquired will be shown in a later disclosure on the status of the acquisition of treasury shares.

Acquisition period

13 November 2026–23 December 2026

Reason for acquisition

To enhance shareholder returns, improve capital efficiency and pursue a flexible capital policy in response to changes in the business environment

CancellationRetired shares are removed from the total number of issued shares and can never return to the market.
1.67%Cancellation of
Number of shares to be retired270,000 shares
Percentage of total issued shares before retirement1.67%
Scheduled retirement date25 December 2026
Reference (number of shares stated in the document)
Current number of treasury shares547,202 shares (as of 31 October 2026)
Total number of issued shares15,614,598 shares (as of 31 October 2026, excluding treasury shares)
Resolution on acquisition limit
ItemDetails
Class of shares to be acquiredThe Company's common shares
Maximum number of shares to be acquired270,000 shares (maximum)
Percentage of total issued shares1.72%
Total acquisition price¥400 million (maximum)
Acquisition period13 November 2026–23 December 2026
Method of acquisitionMarket purchases on the Tokyo Stock Exchange
Reason for acquisitionTo enhance shareholder returns, improve capital efficiency and pursue a flexible capital policy in response to changes in the business environment
Resolution date12 November 2026
Number of shares to be retired270,000 shares
Percentage of total issued shares before retirement1.67%
Scheduled retirement date25 December 2026
Current number of treasury shares547,202 shares (as of 31 October 2026)
Total number of issued shares15,614,598 shares (as of 31 October 2026, excluding treasury shares)
Items this document does not state (3)
Total number of issued shares after retirementChange in acquisition periodChange in acquisition limit

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

To enhance shareholder returns, improve capital efficiency and pursue a flexible capital policy in response to changes in the business environment.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Decision on Matters Concerning the Acquisition of Treasury Shares and the Decision on Matters Concerning the Cancellation of Treasury Shares | User Local,Inc. (3984) timely disclosure | Komori