ITOCHU Corporation
Notice Regarding Status and Completion of Share Buyback (Acquisition of Treasury Stock Based on the Provision of Article 165, Paragraph 2 of the Companies Act)
Itochu Corporation acquired 1,317,900 shares of treasury stock totaling 12,387,265,900 yen from December 1 to December 16, 2025, and completed the acquisition based on the resolution of the Board of Directors.
Key Figures
- Number of Shares Acquired: 1,317,900 shares
- Acquisition Cost: 12,387,265,900 yen
- Acquisition Period: 2025-12-01 to 2025-12-16
- Acquisition Purpose: Acquisition of treasury stock based on the provision of Article 165, Paragraph 2 of the Companies Act and the stipulations in the Articles of Incorporation
AI要約
Overview of Treasury Stock Acquisition
Itochu Corporation conducted a share buyback based on the resolution of the Board of Directors held on May 2, 2025, pursuant to the provisions of Article 156 of the Companies Act, mutatis mutandis applied via Article 165, Paragraph 3 of the same Act. From December 1 to December 16, 2025, the Company acquired 1,317,900 shares of its common stock at a total acquisition cost of 12,387,265,900 yen. Cumulatively, the Company acquired 18,371,700 shares with a total acquisition amount of 149,999,980,400 yen, and the acquisition has now been completed. The maximum number of shares authorized for acquisition was set at 28,000,000 shares, with the total acquisition amount capped at 150 billion yen.
Background and Purpose of Acquisition
This treasury stock acquisition was carried out with the aim of shareholder returns and improving capital efficiency. While the specific purpose of the acquisition is not explicitly stated in the IR materials, it is indicated that the acquisition was conducted pursuant to the provisions of the Articles of Incorporation based on Article 165, Paragraph 2 of the Companies Act. The acquisition period was from May 7 to December 31, 2025, and the current acquisition was completed within this period.