Itochu Corporation repurchases shares worth JPY 19.76bn
Itochu Corporation today announced that it repurchased 2,633,600 of its own shares between May 7, 2025, and May 31, 2025. The total expenditure for this repurchase was JPY 19,764,532,100. This buyback is part of a larger repurchase plan approved by the Board of Directors on May 2, 2025, which authorized the company to repurchase up to 28,000,000 shares for a maximum total of JPY 150,000,000,000, representing approximately 2.0% of the total number of shares issued excluding treasury stock. The period for the planned repurchases extends until December 31, 2025. The shares repurchased are common stock of Itochu Corporation. This announcement is in accordance with Article 156 of the Companies Act of Japan.
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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