Inpex boosts shareholder returns with larger buyback, extended period

Inpex Corporation’s board of directors has approved an expansion of its share repurchase program, increasing the total number of shares to be acquired from up to 50 million to up to 60 million, representing 5.01% of issued shares excluding treasury stock. The maximum acquisition cost has also risen from JPY80 billion to JPY100 billion, with the acquisition period extended to January 31, 2026. This decision aims to boost shareholder returns and improve capital efficiency.

Additionally, Inpex is enhancing its shareholder benefit system. The face value of QUO Cards will increase based on the number of shares held and holding period. For shareholders holding 800 or more shares for three years or more, the benefit will increase from JPY5,000 to JPY8,000. Shareholders with an eight-year continuous holding period will also receive an exclusive commemorative gift.

These changes, effective for shareholder benefits issued as of December 31, 2025, reflect the company's commitment to attracting and retaining long-term investors. Inpex's latest financial results show a 13.0% decrease in revenue to JPY1,520.6 billion for the nine months ended September 30, 2025, with profit attributable to owners of the parent increasing by 1.4% to JPY293.4 billion.