Exchanges· ★★★· bullish·

Metaplanet to buy back 96.9M shares for ¥25.3B via off-auction trade

  • —Buyback covers 96.93M shares, about 7.1% of outstanding stock
  • —Price set at ¥261 per share for a total of about ¥25.3B
  • —Trade will execute via ToSTNeT-3 off-auction on October 14 at 8:45
  • —Company had already approved a larger plan to repurchase up to 200M shares for ¥60B by October 2027
Why it matters: The buyback reduces the share count, potentially supporting the stock and increasing bitcoin backing per share.
#BTC
Source: PANews
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