Idemitsu Kosan Co.,Ltd. [5019.T]
TOKYO, Jun 11 (Pulse News Wire) – Idemitsu Kosan CO.,LTD. (5019.T) completed its share repurchase program on June 10, 2026, acquiring a total of 21,393,000 shares valued at ¥30.00 billion.
The repurchase was conducted through market purchases from March 18, 2026, to June 10, 2026. Additionally, the company disclosed that it plans to cancel 21,393,000 shares, representing 1.7% of the outstanding shares prior to cancellation. The cancellation is scheduled for March 31, 2027, reducing the total number of outstanding shares to 1,201,824,590.
In a previous decision made during the November 11, 2025, board meeting, Idemitsu Kosan authorized the repurchase of up to 43,000,000 shares, which represented 3.5% of the outstanding shares excluding treasury stock. The repurchase was set to occur between November 12, 2025 and November 11, 2026 via market purchases, with a budget limit of ¥30.00 billion. Furthermore, the same board meeting approved the cancellation of all acquired treasury shares, also slated for March 31, 2027.
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