Bridgestone Corporation
Notice Regarding the Status and Completion of Share Buyback and Cancellation of Treasury Stock (Share Buyback based on the Articles of Incorporation pursuant to Article 165, Paragraph 2 of the Companies Act and Cancellation of Treasury Stock pursuant to Article 178 of the Companies Act)
Bridgestone Corporation completed the acquisition of 2,586,100 shares of treasury stock for a total of 18,682,923,900 yen from December 1 to December 23, 2025. The company plans to cancel 93,359,400 shares on January 23, 2026.
Key Figures
- Number of Shares Acquired: 2,586,100 shares
- Acquisition Cost: 18,682,923,900 yen
- Acquisition Period: 2025-12-01 to 2025-12-23
- Purpose of Acquisition: Shareholder Returns and Capital Efficiency Improvement
AI要約
Overview of Share Buyback
Bridgestone Corporation acquired 2,586,100 of its common shares through market purchases under a discretionary trading agreement related to treasury stock acquisition from December 1 to December 23, 2025, at a total cost of 18,682,923,900 yen. This acquisition was based on the board resolution dated February 17, 2025, and with this acquisition, the board resolution concerning treasury stock acquisition has been completed.
Background and Purpose of the Acquisition
This treasury stock acquisition was conducted pursuant to the provisions of Article 156 of the Companies Act, as applied mutatis mutandis under Article 165, Paragraph 3 of the Companies Act, aiming to enhance shareholder returns and capital efficiency. The acquired treasury stock is scheduled to be cancelled on January 23, 2026, amounting to 93,359,400 shares. After cancellation, the total number of issued shares will be 1,334,037,042. These figures reflect adjustments for stock splits.
