Japan Post Bank announces JPY 30bn share repurchase plan
Japan Post Bank Co., Ltd. announced on December 23, 2025, a resolution by its board of directors to repurchase up to 23,000,000 shares of common stock, representing 0.6% of its total issued shares (excluding treasury stock). The aggregate repurchase price is capped at JPY 30.0 billion. This initiative, part of its mid-term management plan (FY 2021 - FY 2025), aims to improve capital efficiency and boost shareholder returns, balancing financial soundness and investment for growth.
The repurchase period is scheduled from December 24, 2025, to March 24, 2026. Shares will be acquired through off-auction own share repurchase trading via the Tokyo Stock Exchange Trading NeTwork system (ToSTNeT-3) and market purchases under discretionary transaction contracts. This move is also influenced by the Postal Service Privatization Act, which requires parent company JAPAN POST HOLDINGS Co., Ltd. to dispose of its shares, currently holding approximately 49.9% of voting rights.
Thirteen directors, including nine outside directors, unanimously passed the resolution. The Off-Auction Share Repurchase will be executed at the closing price of the day immediately preceding the repurchase date to ensure fair trading conditions. Audit committee members also provided an opinion confirming the transactions are not disadvantageous to minority shareholders.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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