Bridgestone completes first phase of share repurchase program

Bridgestone Corporation (TSE:5108) announced today the completion of the first phase of its treasury stock acquisition program, purchasing 7,606,500 common shares for a total cost of JPY 45,366,878,200 between June 1 and June 30, 2025. This acquisition is part of a broader resolution passed at the Board of Directors meeting on February 17, 2025, which authorized the repurchase of up to 75,000,000 shares, representing approximately 11.0% of issued shares (excluding treasury stock), for a maximum total cost of JPY 300 billion. As of June 30, 2025, Bridgestone has acquired a total of 17,936,900 shares at a total cost of JPY 107,670,313,200 since the initial resolution in February. The share repurchases are being conducted through market purchases based on a discretionary dealing contract. The program is scheduled to continue until December 23, 2025.