Marubeni reports no share repurchases to date

Marubeni Corporation (TSE: 8002) announced today that it has not repurchased any of its own shares under its previously announced repurchase program. According to the notice, the company's board of directors approved a plan on February 5, 2025, to repurchase up to 30 million shares of common stock, representing approximately 1.8% of outstanding shares, excluding treasury stock. The total amount allocated for the repurchase program is up to 30 billion yen, with the repurchase period set from February 6, 2025, to June 30, 2025. As of February 28, 2025, Marubeni has not repurchased any shares and has spent 0 yen.