KYB completes portion of planned share repurchase program

Kyb Corporation (TSE:7242) announced today the status of its share repurchase program authorized by the board of directors on November 11, 2024, in accordance with Article 459, Paragraph 1 of the Company Act. During the month of June 2025, Kyb acquired 247,700 shares of its common stock at a total purchase price of JPY765,550,200. This is part of a larger repurchase plan, approved in November, authorizing the company to buy back up to 9,200,000 shares, representing 18.4% of outstanding shares (excluding treasury stock), for a maximum of JPY20,000,000,000. The overall repurchase program runs from December 3, 2024 to November 28, 2025. As of June 30, 2025, Kyb has repurchased a cumulative total of 3,785,500 shares for a total cost of JPY10,999,913,900 under the initial plan.