LY Corp Announces Voluntary Repurchase Offer and Cash Dividend
LY Corp, a Japanese internet search engine and e-commerce company, has made significant announcements. The company has launched a voluntary repurchase offer to acquire up to 281 million shares of its issued capital in an all-cash offer.
Key Offer Details
- The offer price is JPY 533 per share
- The offer is open to all shareholders
- The settlement for this offer is expected to start on June 30, 2025
Cash Dividend Announcement
In addition to the repurchase offer, LY Corp has announced a cash dividend. Key details of the cash dividend are as follows:
- Ex-date: March 30, 2026