Shin-Etsu Chemical Co.,Ltd. [4063.T]
TOKYO, Apr 28 (Pulse News Wire) – Shin-etsu Chemical CO.,LTD. (4063.T) decided to repurchase up to 2,000,000 shares of its own stock during a board meeting held.
The repurchase is aimed at enhancing shareholder returns while maintaining financial discipline. The total value of the repurchase is capped at 200 billion yen, representing approximately 2.07% of the outstanding shares excluding treasury stocks. The repurchase period will commence on May 21, 2026, and continue until April 27, 2027.
As of March 31, 2026, Shin-Etsu Chemical had 128,283,489 treasury shares out of a total of 1,856,712,376 outstanding shares. This decision aligns with the company's capital policy, which focuses on maximizing return on equity and considering total payout ratio. The company plans to execute the repurchase based on share price levels and other prevailing conditions.
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