Murata Manufacturing Co.,Ltd. [6981.T]
TOKYO, Apr 30 (Pulse News Wire) – Murata Manufacturing CO.,LTD. (6981.T) resolved at its April 30 board meeting to repurchase up to 1,500,000 shares of its common stock, representing approximately 1.5% of outstanding shares excluding treasury shares.
The buyback will commence on May 11, 2026, and conclude on January 29, 2027, based on agreements made during this period. The total amount allocated for the repurchase is capped at April 30, 2026. Additionally, the company decided to cancel all shares acquired through this repurchase program on February 26, 2027.
As of March 31, 2026, Murata held 1,000,000 treasury shares out of a total of 100,000,000 outstanding shares excluding treasury shares. This move aims to enhance capital efficiency. The company plans to retain these treasury shares until the end of its mid-term plan for fiscal years 2025 to 2027, considering potential strategic investments and flexible financial strategies.
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