Subaru completes $337m share buyback, cancels treasury stock

Subaru Corporation announced the completion of its share repurchase program, acquiring 15,722,200 common shares for a total of 49,999,820,700 yen between August 8, 2025, and December 23, 2025. This acquisition was part of a resolution made at the board of directors meeting on August 7, 2025, which authorized the repurchase of up to 20,840,000 shares, capped at 50 billion yen.

Following the completion of the buyback, Subaru will cancel all 15,722,200 repurchased common shares, representing 2.1% of the total outstanding shares before cancellation. This cancellation is scheduled for January 20, 2026, and will result in 717,335,273 shares remaining outstanding. The acquisition was executed through market purchases on the Tokyo Stock Exchange, including transactions based on discretionary trading contracts.