Japan Airlines completes share repurchase program, outlines strategic uses

Japan Airlines Co., Ltd. has completed a share repurchase program from November 1 to November 30, 2025, acquiring 2,296,500 common shares at a total cost of JPY 6,714,198,100. This follows a resolution by the board of directors on October 30, 2025, authorizing the repurchase of up to 8,000,000 common shares, representing 1.8% of outstanding shares (excluding treasury shares), with a maximum expenditure of JPY 20,000,000,000.

The board's resolution permits share repurchases between October 31, 2025, and March 31, 2026. As of November 30, 2025, the cumulative total of shares repurchased under this resolution stands at 2,636,300 shares, for a total of JPY 7,658,195,550.

The acquired shares are intended for strategic investments such as mergers and acquisitions, and for stock-based compensation plans for directors and employees. Any unused shares may be partially or fully cancelled.