Itochu to Repurchase Up to 28 Million Shares for 150 Billion Yen

MT Newswires Live

2025/05/06

Itochu (TYO:8001) has resolved to repurchase up to 28 million of its own shares, representing about 2% of its outstanding stock, according to a Friday filing on the Tokyo Stock Exchange.

The company aims to execute a flexible capital strategy through the buyback, with a maximum total expenditure of 150 billion yen. The repurchase will take place between May 7 and Dec. 31.

Price (JPY): $7042.00, Change: $-220, Percent Change: -3.08%

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