Kureha Corporation suspends buyback, announces new JPY 35bn share repurchase

Kureha Corporation [TSE:4023] announced the suspension of its existing treasury share acquisition program, initiated on May 12, 2025, where it acquired 1,535,700 shares at a total cost of JPY4,916,960,500. Simultaneously, the Board of Directors approved a new share repurchase framework, authorizing the acquisition of up to 10,000,000 of its own shares, not to exceed JPY35,000,000,000. This new program, set to run from June 4, 2025, through September 30, 2025, aims to bolster shareholder returns, improve capital efficiency, and support a flexible capital policy in line with the "Kureha Group Mid- to Long-Term Management Plan, the Rolling Plan 2025."