Kobe Steel completes treasury share repurchase program

Kobe Steel announced the completion of its treasury share repurchase program on June 6, 2025. The company repurchased a total of 1,900,000 common shares at a total cost of JPY3,114,328,770. This repurchase was executed between May 13, 2025, and June 5, 2025, through market purchases on the Tokyo Stock Exchange. The buyback was conducted in accordance with a Board of Directors resolution passed on May 12, 2025, which initially authorized the repurchase of up to 1,900,000 shares, representing 0.48% of the total shares issued (excluding treasury shares), for a maximum amount of JPY3.9 billion. With this announcement, the program is now complete.