Hirose Electric announces JPY 15 bn share buyback program

Hirose Electric announced a share buyback program of up to JPY 15 billion, or 1,000,000 shares, representing 3.03% of outstanding shares (excluding treasury stock). The program, approved by its board of directors on December 25, 2025, aims to improve shareholder returns and capital efficiency.

The buyback will run from January 5, 2026, to July 31, 2026, with acquisitions made through market purchases on the Tokyo Stock Exchange. This initiative seeks to provide a flexible capital policy responsive to changes in the business environment, specifically addressing situations where future profitability may not be fully reflected in the stock price.

As of November 30, 2025, Hirose Electric's total number of issued shares (excluding treasury stock) stood at 33,029,971, with 2,663,998 shares held in treasury.