Japan Post completes share buyback in February

Japan Post Holdings (TSE:6178) announced today the completion of its share repurchase program for February, conducted under the provisions of Article 459, Paragraph 1 of the Companies Act and the company's Articles of Incorporation. During the period from February 1, 2025, to February 28, 2025, the company repurchased 21,120,400 shares of its common stock for a total acquisition cost of ¥33,954,663,500. These repurchases were executed through on-market transactions on the Tokyo Stock Exchange. This buyback forms part of a larger initiative approved by the Board of Directors on May 15, 2024, which authorized the repurchase of up to 320,000,000 shares (representing 10.0% of outstanding shares excluding treasury stock) for a maximum total of ¥350 billion between May 16, 2024, and March 31, 2025. As of February 28, 2025, the cumulative total of shares repurchased under this resolution stands at 214,941,900 shares, with an aggregate acquisition cost of ¥320,891,613,750.