Idemitsu Kosan Co.,Ltd. [5019.T]
TOKYO, May 12 (Pulse News Wire) – Idemitsu Kosan CO.,LTD. (5019.T) decided today to repurchase up to 10 million shares of its common stock, based on its mid-term business plan aiming for total shareholder returns exceeding 100%.
The buyback will commence on November 12, 2026, and conclude by March 31, 2027. The company also plans to cancel all acquired shares. As of April 30, 2026, Idemitsu Kosan had 1.2 billion outstanding shares excluding treasury stocks.
The total value of the repurchased shares will not exceed 100 billion yen. In addition, Idemitsu Kosan intends to cancel all repurchased shares on March 31, 2027. The company previously resolved to acquire up to 500 million yen worth of shares in November 2025, of which 200 million yen worth was purchased by April 30, 2026.
Following the completion of this purchase, the newly approved buyback program will begin.
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