Shimano increases share buyback program to 2.7m shares

Shimano Inc. increased the maximum number of shares in its buyback program to 2.7 million from 2.5 million shares previously approved in February.

The total acquisition amount remains 50 billion yen, with the repurchase period running until January 31, 2026.

As of August 19, Shimano had already acquired 1.4 million shares for 30 billion yen under the existing program.