TOKYO, Apr 27 (Pulse News Wire) – Hitachi,ltd. (6501.T) resolved today to repurchase up to ¥100 million ordinary shares based on its Articles of Incorporation and provisions under Company Law Article 459, Item 1.
The move aims to enhance long-term corporate value and return benefits to shareholders through stable dividend payments and flexible share buybacks. The total number of shares available for purchase represents approximately 3.56% of the outstanding shares excluding treasury stock. The maximum amount allocated for this repurchase is ¥500.0 billion. The repurchase period will run from April 28, 2026 to March 31, 2027, primarily conducted via market purchases on the Tokyo Stock Exchange.
However, due to market conditions, some or all of the planned repurchases might not occur. As of March 31, 2026, Hitachi held 35,798,823 treasury shares out of a total of 4,499,762,162 outstanding shares excluding treasury stock. Looking ahead, Hitachi acknowledges potential risks affecting future performance, including economic fluctuations, exchange rate volatility, funding environments, and geopolitical factors such as climate regulations and natural disasters. These uncertainties could impact the company's strategic plans and forecasts.
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