Idemitsu Kosan Co.,Ltd.
Notice Regarding Status of Share Buyback (Acquisition of Treasury Stock Based on Provisions of Article 459, Paragraph 1 of the Companies Act)
From March 1 to March 31, 2026, 1,571,700 shares of treasury stock were acquired through market purchases for a total consideration of 2,308,890,650 yen.
Key Figures
- Total Number of Shares Acquired: 1,571,700 shares (as of March 31, 2026)
- Total Acquisition Cost: 2,308,890,650 yen (as of March 31, 2026)
- Acquisition Limit: 43,000,000 shares (based on Board of Directors resolution)
AI要約
Overview of Capital Policy
Idemitsu Kosan Co., Ltd. has been implementing share buybacks based on the resolution of the Board of Directors on November 11, 2025, under the provisions of Article 459, Paragraph 1 of the Companies Act and in accordance with the Articles of Incorporation. During the period from March 1 to March 31, 2026, a total of 1,571,700 common shares were acquired through market purchases at a total acquisition cost of 2,308,890,650 yen. The acquisition limits are set at 43,000,000 shares in total, with a maximum acquisition cost of 30 billion yen, and the acquisition period is from November 12, 2025 to November 11, 2026.
Impact on Shareholders and Outlook
This treasury stock acquisition is capped at 3.5% of the total issued shares excluding treasury stock and is conducted as part of efforts to improve capital efficiency and enhance shareholder returns. As of the end of March 2026, the cumulative number of shares acquired stands at 1,571,700, with an acquisition cost of approximately 2.3 billion yen. The company plans to continue acquisitions within the prescribed limits and regards these measures as contributing to increasing shareholder value.
