Shin-Etsu Chemical sets stock option price, updates share repurchase program

Shin-Etsu Chemical Co., Ltd. announced the determination of the payment amount for stock options (share subscription rights) issued to directors and executive officers. Each stock option is priced at 72,900 yen (729 yen per share). The company will pay monetary remuneration equivalent to the total option value, which will then be offset against the payment obligation for the allocated stock acquisition rights. This issuance, approved on August 15, 2025, includes 3,555 rights for four directors and 4,055 rights for eleven executive officers (each right representing 100 shares), with an exercise period from September 2, 2027, to August 31, 2032.

In a separate update on its share repurchase program, Shin-Etsu Chemical reported no shares were repurchased in August 2025, maintaining zero shares acquired and 0 yen in value during this period. The program, resolved on April 25, 2025, permits the repurchase of up to 200 million shares (10.2% of outstanding shares excluding treasury shares) or 500 billion yen, from May 21, 2025, to April 24, 2026.

The cumulative status of the program as of August 31, 2025, shows the company has repurchased 87,393,400 shares at a total cost of 399,999,591,800 yen. These repurchases are conducted via market purchases on the Tokyo Stock Exchange.