Seven & I to boost shareholder value with restructuring, buybacks

** Seven & I Holdings (TSE:3382) unveiled a plan to enhance shareholder value by streamlining its business focus and returning capital to investors. Key moves include planning to complete the IPO of 7-Eleven, Inc. in North America by the second half of 2026. In order to capitalize on a growing segment, the Company's Board will see Stephen Hayes Dacus appointed as Representative Director and CEO in May. The group is divesting a portion of its business by signing a definitive agreement to transfer its SST Business Group to Bain Capital for JPY 814.7 billion. As a result of these significant transactions, JPY 2.0 trillion (USD 13.2 billion) will be directed towards share buybacks by FY2030 with a view to implement a progressive dividend policy.