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Starzen Company surges on share buyback and commemorative shareholder benefit announcement

Tue May 26, 2026 2:31 pm JST Catalyst

Starzen Company Limited <8043> surged in afternoon trading. Around 2:00 p.m., the company announced a share buyback program to repurchase up to 1.5 million shares (2.6% of issued shares excluding treasury stock) worth up to 1.5 billion yen, a move expected to improve supply-demand dynamics.

Starzen views enhancing shareholder returns as a top management priority and approved the buyback after comprehensively evaluating its stock price, financial balance, and capital structure. The acquisition period will run from July 1 to December 31.

Additionally, the company announced a commemorative shareholder benefit to mark the 55th anniversary of its business relationship with McDonald's Japan, a subsidiary of McDonald's Holdings Company (Japan), Ltd. <2702>, in July. Shareholders holding 100 shares or more as of the end of September will receive a McDonald's gift card worth 1,000 yen.

Source: MINKABU PRESS

*Translated by generative AI. Click here for the original article.

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