Metaplanet has spent ¥19.31bn buying back its own stock in a single off-auction trade, the first use of a ¥60bn repurchase authorization set a day earlier. The company bought 73,981,400 common shares at ¥261 each on 14 October 2026 through the Tokyo Stock Exchange's ToSTNeT-3 system, according to its results notice.
What was bought
The notice puts the total price at ¥19,309,145,400. ToSTNeT-3 is the exchange's off-auction repurchase facility, and Metaplanet had announced the purchase the day before.
How much room is left
The board resolution of 13 October 2026 allows up to 200,000,000 shares and up to ¥60bn in total, over the period from 14 October 2026 to 13 October 2027. The share cap equals 14.7% of issued common shares excluding treasury stock as of 30 September 2026. The resolution lists market purchases on the exchange as the acquisition method.
Progress as of 14 October 2026 is the same 73,981,400 shares and ¥19,309,145,400. The notice does not state a remaining yen balance, and the unspent portion of the ¥60bn ceiling is not a figure the company gives.
Why the company says it did it
Metaplanet says its capital policy treats buybacks as a tool to be used flexibly, weighing its financial position and share price, to improve capital efficiency and bitcoin held per share. It says about ¥25.3bn of the ceiling was set aside for pre-announced ToSTNeT-3 purchases to ease the short-term effect on its share supply of issuing euro-yen convertible bonds due 2031, and to raise bitcoin per share and capital efficiency.
The notice does not say whether the executed purchase used that earmarked portion. Those goals are the company's own statements; the notice reports no share-price or supply outcome. For the convertible issue itself, see Earlier Tokyo Brief coverage.