Idemitsu Kosan Completes Major Share Buyback

Idemitsu Kosan Co (JP:5019) has released an update.

Idemitsu Kosan Co., Ltd. has completed the acquisition of 3,572,700 of its own common shares, spending a total of 3.8 billion yen, as part of a treasury stock buyback program that was resolved by the board on November 14, 2023. The company’s buyback program, which has an upper limit of 75 million shares and 35 billion yen, has thus far resulted in the purchase of 26,872,100 shares for 27.23 billion yen.

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