FilingReader Intelligence

Olympus makes significant progress on share buyback program

September 1, 2025 at 08:10 AM UTCBy FilingReader AI

Olympus Corporation (TSE:7733) announced on September 1, 2025, the status of its share repurchase program for August 2025. During this period, the company repurchased 13,675,400 common shares for a total of JPY 24,079,571,705. These repurchases were executed via open market purchases on the Tokyo Stock Exchange based on a discretionary trading contract, with the repurchase period running from August 1 to August 31, 2025.

This recent activity is part of a larger share buyback program approved by the Board of Directors on May 13, 2025. The initial resolution authorized the repurchase of up to 36,000,000 common shares, representing 3.19% of total outstanding shares (excluding treasury shares), for a maximum total amount of JPY 50,000,000,000. The broader repurchase period for this program is from July 28, 2025, to October 31, 2025.

As of August 31, 2025, the cumulative shares repurchased under the May 13 resolution totaled 15,789,900 shares, amounting to JPY 27,911,990,135. This indicates significant progress toward the program's objectives.

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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