Sansan ends buyback just below ¥2bn cap, as Ichigo stake rises to 11.57%
Sansan completed the buyback approved in May after purchasing 1,331,600 shares for ¥2.00bn, against an authorisation of up to 2,000,000 shares and ¥2.00bn. The final June stretch alone accounted for 811,600 shares and ¥1.26bn, so the programme effectively ran into the cash ceiling before it reached the share ceiling. A separate large-shareholding report showed Ichigo Asset Management's joint holding at 14,666,900 shares, or 11.57%, as of June 12, up from 10.44% previously. The two filings do not say the moves are connected, but together they sharpen the ownership picture.