GMO internet group (TYO:9449) repurchased 1.2 million shares for 3.57 billion yen between March 1 and March 31 through open-market transactions on the Tokyo Stock Exchange, according to a Thursday filing on the Tokyo Stock Exchange.

The company has now acquired 1.9 million shares under its ongoing buyback program, spending 5.76 billion yen.

The plan, approved in February, allows for the repurchase of up to 4.6 million shares, or 4.4% of outstanding stock, for a maximum of 10 billion yen by February 2026.

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