Idemitsu Kosan Executes Major Share Buyback

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

Idemitsu Kosan Co., Ltd. has completed a purchase of its own common shares as treasury stock, acquiring a total of 1,920,800 shares for an aggregate purchase price of approximately 1.89 billion yen. The acquisition took place from July 29 to July 31, 2024, as part of a larger buyback program authorized by the board with an upper limit of 90 million shares and a budget of 70 billion yen, set to conclude by March 14, 2025.

For further insights into JP:5019 stock, check out TipRanks’ Stock Analysis page.