TryHard Holdings Limited (Nasdaq: THH) has authorized a share repurchase program of up to US$10 million, effective immediately. The program will run through December 31 2028, unless the board decides to end it earlier.
The company may buy back shares on the open market, through private negotiations, or via block trades, and will fund the purchases from its existing cash balance. The move is part of TryHard’s broader capital‑allocation strategy, which balances reinvestment in its core lifestyle‑entertainment businesses with returning value to shareholders.
TryHard, a Japanese lifestyle‑entertainment firm that operates in event curation, consultancy, venue sub‑leasing and restaurant management, completed its initial public offering in August 2025 and began trading on Nasdaq in September 2025. On the same day as the buyback announcement, the company also announced a partnership with Carnegie Hill Capital Partners to launch a Hong Kong‑based global entertainment investment fund targeting USD 10‑20 million.
CEO Masashi Otsuki said the authorization reflects the company’s confidence in its long‑term growth trajectory, robust free cash flow and disciplined approach to capital allocation. The program signals that management believes the current share price is attractive and that the firm has sufficient liquidity to support the buyback without compromising its investment plans.
By committing to a modest, cash‑funded buyback, TryHard demonstrates a balanced approach to capital management, reinforcing investor confidence in its financial health and long‑term strategy while providing a mechanism to enhance shareholder value.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.