Japan Airlines begins share repurchase program to enhance shareholder value

Japan Airlines Co., Ltd. (JAL) announced the repurchase of 339,800 common shares totaling 943,997,450 yen. This initial acquisition was executed on October 31, 2025, through market purchases on the Tokyo Stock Exchange, following a resolution by the board of directors on October 30, 2025.

The board resolution authorized a maximum repurchase of 8,000,000 common shares, representing 1.8% of the total issued shares (excluding treasury shares), with an upper limit of 20,000,000,000 yen. The repurchase period spans from October 31, 2025, to March 31, 2026.

JAL stated that the acquired shares may be used for strategic investments such as M&A, or for stock-based compensation plans for directors and employees. Any shares not utilized for these purposes may be partially or entirely canceled, reflecting the company's commitment to flexible capital management.