Idemitsu Kosan Co.,Ltd.
Idemitsu Kosan Share Buyback and Cancellation Announcement | June 2026
Idemitsu Kosan announced that it will acquire 3,761,100 shares of treasury stock (equivalent to approximately 510 million yen) through open market purchases from June 1 to 10, 2026, and plans to cancel 21,393,000 shares (1.7% of outstanding shares) on March 31, 2027.
Key Figures
- Share of treasury stock acquired: 3,761,100 shares (approximately 510 million yen)
- Total shares of treasury stock acquired: 21,393,000 shares (scheduled for cancellation)
- Total number of outstanding shares (after cancellation): 1,201,824,590 shares
AI要約
Overview of Capital Policy
Idemitsu Kosan decided to acquire 3,761,100 shares of treasury stock (approximately 510 million yen) through open market purchases in June 2026, and to cancel 21,393,000 shares (1.7% of outstanding shares) on March 31, 2027. This is aimed at enhancing shareholder returns and improving capital efficiency. The acquisition period is from June 1 to 10, 2026, via open market purchase. The cancellation will be implemented as scheduled, resulting in a total issued share count of 1,201,824,590 shares.
Impact on Shareholders and Future Outlook
The share buyback and cancellation are expected to reduce the number of outstanding shares and further enhance shareholder returns. The cancellation ratio is 1.7%, which contributes to preventing dilution. It is presumed that the company will continue to pursue policies to improve shareholder value through capital policy. Although detailed earnings forecasts and dividend policies are not included in this material, improved capital efficiency is anticipated to have a positive effect on the stock price.
Idemitsu Kosan Co., Ltd.
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