Denso executes significant share repurchase program in first half

Denso Corporation (TSE:6902) announced the status of its share repurchase program, revealing the company has acquired 16,550,500 shares of its common stock from June 1 to June 30, 2025, at a total cost of JPY31,850,459,250. This repurchase is part of a larger initiative approved by the board of directors on October 31, 2024, authorizing the repurchase of up to 280,000,000 shares, representing 9.62% of total outstanding shares (excluding treasury stock), for a maximum total expenditure of JPY450,000 million between November 1, 2024, and October 27, 2025. As of June 30, 2025, Denso has repurchased a cumulative total of 157,829,000 shares for JPY315,231,554,300 under this program.