Avant Group to cancel all shares bought back

Avant Group to cancel all shares bought back

Avant Group to Cancel All Shares Bought Back as Part of Capital Strategy

Avant Group Corporation (JP:3836) has confirmed it will cancel all shares repurchased under its 2025 buyback program, finalizing the process by June 30, 2026, as previously announced. The company initiated the share repurchase on November 28, 2025, with authorization to buy back up to 1.5 million common shares for a maximum investment of 2 billion yen, concluding the purchase phase by May 29, 2026. This move aligns with the company's broader capital allocation strategy to address perceived market valuation inefficiencies.

By canceling the repurchased shares, Avant Group aims to reduce its outstanding share count, potentially boosting earnings per share (EPS) and optimizing capital structure. The decision reflects confidence in long-term value creation, particularly as the firm seeks to reallocate resources toward core operations and strategic initiatives.

Analysts have generally viewed the buyback program favorably. The most recent analyst rating for JP:3836 assigns a "Buy" recommendation, with a price target of Yen2,000.00. Technical indicators also signal strong investor sentiment, including a "Strong Buy" technical sentiment signal and an average daily trading volume of 90,301 shares. As of February 2026, Avant Group's market capitalization stands at Yen63.43 billion.

The cancellation of treasury shares underscores Avant Group's commitment to disciplined capital management. By reducing share supply, the company aims to strengthen equity value while signaling confidence in its financial resilience. Investors will likely monitor the impact of this initiative on key metrics, including EPS growth and overall shareholder returns, in upcoming quarters.

The Globe and Mail, TipRanks analysis (November 2025).