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Quick Co., Ltd. Reports Progress on Ongoing Share Buyback Program

Quick Co., Ltd. Reports Progress on Ongoing Share Buyback Program

Quick Co., Ltd. ( (JP:4318) ) has issued an update.

Quick Co., Ltd., a Tokyo Stock Exchange Prime Market-listed company, has been actively managing its equity structure through treasury share acquisitions authorized by its Board of Directors. The firm’s latest disclosure outlines progress under a repurchase program initiated in late April 2026, signaling ongoing use of buybacks as part of its capital allocation strategy.

In June 2026, Quick repurchased 291,600 common shares on the Tokyo Stock Exchange at a total cost of ¥210,263,493 under a discretionary market purchase contract. Cumulatively through June 30, the company has bought back 552,000 shares for ¥404,522,885 against a board-approved ceiling of up to 1.5 million shares or ¥1 billion, highlighting significant but still partial execution of its current share buyback mandate.

The ongoing repurchase program, running from May 7 to October 31, 2026, is designed to acquire up to 2.65% of the company’s outstanding shares excluding treasury stock. This buyback activity may support shareholder value by optimizing capital structure and potentially enhancing earnings per share, while also demonstrating the Board’s confidence and disciplined approach to balance sheet management.

More about Quick Co., Ltd.

Quick Co., Ltd. is listed on the Tokyo Stock Exchange Prime Market under stock code 4318. The company operates in Japan, with Chairman and Representative Director Ichiro Kawaguchi leading the firm, and it maintains an active capital markets presence through share-related transactions and treasury share management.

The company’s governance structure includes a Board of Directors that resolves on capital allocation measures such as share repurchases. Administration and accounting functions are overseen by Director and Executive Officer Kenta Kijima, reflecting a centralized approach to financial and corporate oversight within the organization.

Average Trading Volume: 156,631

Technical Sentiment Signal: Buy

Current Market Cap: Yen41.66B

For an in-depth examination of 4318 stock, go to TipRanks’ Overview page.

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