TOKYO, May 14 (Pulse News Wire) – Eneos Holdings,inc. (5020.T) decided at its board meeting held on May 14 to repurchase shares based on Article 156 of the Companies Act, as amended by Article 165(3).
Additionally, the company plans to cancel the acquired shares according to Article 178 of the Companies Act. Specific cancellation details will be determined once the share repurchase is completed.
The repurchase is aimed at enhancing capital efficiency and aligning with the company’s fourth medium-term management plan, which targets a total payout ratio of more than 100% (excluding inventory impact, calculated based on current earnings) for shareholder returns during fiscal years 2025 through 2027. Key details of the repurchase program include: - Type of shares: Ordinary shares - Maximum number of shares: 8,000,000 (representing approximately 0.3% of outstanding shares excluding treasury stock) - Total acquisition cost: Up to 100 billion yen - Period: From May 21, 2026, to September 30, 2026 - Method: Open-market purchases under a discretionary agreement The company also noted that the exact date for share cancellation will be finalized and communicated upon completion of the share repurchase process.
As of May 14, 2026, ENEOS Holdings had 2,650,000,000 ordinary shares outstanding excluding treasury stock, and held 1,000,000 treasury shares.
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