News Summary:
Leopalace21 Corporation repurchased 137,072,803 shares, representing 43.15% of the company, for ¥71,552 million between May 27, 2025 and June 24, 2025, completing a buyback announced on May 27, 2025. On June 2, 2025, a Smartkarma Daily Brief noted governance issues were not highlighted and that a win-win situation continued for REIT sponsors and investors. Separately, on June 1, 2025, a report indicated a large buyback aimed at reducing dilution from a 2020 share and SAR sale to FIG. The Leopalace Center will be closed for summer vacation from August 9, 2025 to August 17, 2025. The company also revised its consolidated and non-consolidated earnings guidance for the six months ending September 30, 2025, and the fiscal year ending March 31, 2026.
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