Isetan Mitsukoshi Holdings progresses with treasury share acquisition

Isetan Mitsukoshi Holdings (TSE:3099) announced today the progress of its treasury share acquisition program, initiated under the provisions of Article 165, Paragraph 2 of the Companies Act. In June 2025, the company acquired 2,482,600 of its own common shares at a total cost of JPY5,598,706,700, executed through market purchases on the Tokyo Stock Exchange. This activity falls under the Board of Directors' resolution from May 13, 2025, which authorized the acquisition of up to 20,000,000 shares, representing 5.5% of outstanding shares (excluding treasury shares), with a maximum total acquisition cost of JPY30,000,000,000. The buyback program began May 14, 2025, and will continue until October 31, 2025. As of June 30, 2025, Isetan Mitsukoshi has cumulatively acquired 4,575,000 treasury shares at a total cost of JPY10,147,096,050 under the aforementioned resolution.