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Bridgestone completes share buyback, plans significant share cancellation

December 24, 2025 at 06:40 AM UTCBy FilingReader AI

Bridgestone Corporation announced the completion of its share buyback program, which concluded on December 23, 2025. The company acquired 2,586,100 shares of its common stock for a total of JPY 18,682,923,900 through market purchases based on a discretionary trading agreement. This brings the cumulative total of shares repurchased under the board resolution to 46,679,700 shares for JPY 299,999,676,900.

Following the completion of the buyback, Bridgestone plans to cancel 93,359,400 shares of its common stock on January 23, 2026. This cancellation represents 7.3% of the outstanding shares (excluding treasury stock before the cancellation). The total number of outstanding shares after the cancellation will be 1,334,037,042.

These figures reflect a two-for-one stock split effective January 1, 2026, as previously announced on November 12, 2025. The initial board resolution on February 17, 2025, authorized the acquisition of up to 75 million shares or JPY 300 billion, representing 11.0% of outstanding shares (excluding treasury stock).

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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