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Shin-Etsu Chemical announces stock option issuance and share buyback

May 20, 2025 at 12:02 PM UTCBy FilingReader AI

Shin-Etsu Chemical (TSE:4063) announced a multifaceted financial strategy, comprising a significant share repurchase program and the issuance of stock options to its executive-level employees. The company will acquire 87,393,400 of its own shares, valued at JPY 400 billion, through the Tokyo Stock Exchange's off-auction ToSTNeT-3 trading system, utilizing a benchmark price of JPY 4,577 per share as of May 20, 2025.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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