Mizuho Financial Group, Inc. [8411.T]
TOKYO, May 15 (Pulse News Wire) – Mizuho Financial Group,inc. (8411.T) decided today to repurchase its own shares and subsequently cancel them based on its capital policy aimed at achieving optimal balance between capital enhancement, growth investment, and enhanced shareholder returns.
The board resolution was made during a meeting held on May 15. The company plans to repurchase up to 25,000,000 ordinary shares, representing 1.0% of outstanding shares excluding treasury stock as of March 31, 2026. The total amount allocated for the buyback does not exceed ¥100.0 billion. Repurchases will take place through trust-based open-market purchases from May 18, 2026, to August 31, 2026.
Following the completion of the share repurchase, the company intends to cancel all acquired shares on September 24, 2026. As of March 31, 2026, the number of outstanding shares excluding treasury stock stood at 2,438,523,296, while the number of treasury shares was 51,325,298. This decision aligns with Mizuho's strategy to enhance shareholder value by implementing progressive dividend increases and strategic share repurchases. The company considers factors such as performance, capital status, stock price levels, and growth opportunities when determining the appropriate timing and volume for share repurchases.
🟢 Confidence: High AI-translated content.