Itochu updates on share repurchase program progress
ITOCHU Corporation announced the progress of its share repurchase program for the period from August 1, 2025, to August 31, 2025. During this month, the company repurchased 2,635,300 shares of its common stock, totaling JPY 21,272,380,700. These repurchases are part of a program initiated following a board of directors meeting on May 2, 2025.
Cumulatively, as of August 31, 2025, ITOCHU has repurchased a total of 10,793,700 shares, amounting to JPY 82,868,213,900. The broader resolution, approved on May 2, 2025, allows for the repurchase of up to 28,000,000 shares of common stock, representing approximately 2.0% of total shares issued excluding treasury stock, with a maximum expenditure of JPY 150,000,000,000.
The repurchase period for the overall program extends from May 7, 2025, to December 31, 2025. This ongoing initiative reflects the company's strategy to acquire its own shares under the provisions of the Companies Act of Japan.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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