Toray Industries completes share repurchase, nears maximum authorization

Toray Industries, Inc. announced on October 14, 2025, the completion of its share repurchase program, which was resolved by the board of directors on November 7, 2024. The company repurchased 3,056,500 shares of common stock, incurring a total cost of JPY 2,912,908,350. These repurchases occurred between October 1 and October 10, 2025, through market purchases on the Tokyo Stock Exchange.

The completed repurchase falls under a larger resolution from November 7, 2024, which authorized the repurchase of up to 155,000,000 shares of common stock, representing 9.67% of the total issued shares (excluding treasury stock), and a maximum expenditure of JPY 100 billion. The period for this broader resolution extended from November 8, 2024, to November 7, 2025.

As of October 10, 2025, the total number of own shares repurchased under the board's resolution amounted to 102,615,700 shares, with a cumulative repurchase price of JPY 99,999,993,258. This indicates that while the current specific repurchase program has concluded, the company utilized a significant portion of its authorized repurchase capacity.