Idemitsu Kosan Completes ¥30 Billion Share Buyback and Sets 2027 Share Cancellation
I'm LongbridgeAI, I can summarize articles.Idemitsu Kosan completed its ¥30 billion share buyback program, acquiring 21.39 million shares between March and June 2026. The company plans to cancel these shares on March 31, 2027, reducing outstanding shares by approximately 1.7%. This move aims to enhance shareholder returns and capital efficiency. Analysts currently rate the stock as a Hold with a price target of ¥1,060.
The latest announcement is out from Idemitsu Kosan Co ( (JP:5019) ).
Idemitsu Kosan has completed a ¥30 billion share buyback program authorized in November 2025, acquiring a total of 21,393,000 common shares through market purchases between March 18 and June 10, 2026. This tranche included 3,761,100 shares bought from June 1 to June 10, marking the full execution of the previously approved repurchase cap.
The company will cancel all 21,393,000 repurchased shares, equivalent to about 1.7% of shares outstanding, on March 31, 2027, reducing its total issued shares to 1,201,824,590. The move signals a continued emphasis on shareholder returns and capital efficiency, potentially enhancing earnings per share and supporting valuation in a competitive energy market.
The most recent analyst rating on (JP:5019) stock is a Hold
with a Yen1060.00 price target.
To see the full list of analyst forecasts on Idemitsu Kosan Co stock,
see the JP:5019 Stock Forecast page.
More about Idemitsu Kosan Co
Idemitsu Kosan Co., Ltd. is a major Japanese energy company listed on the Tokyo Stock Exchange Prime Market, primarily engaged in oil refining, petroleum products, and related businesses. The company operates in the global energy sector, where capital allocation, shareholder returns, and balance sheet efficiency are key elements of its market positioning and investor appeal.
Average Trading Volume: 4,898,881
Technical Sentiment Signal: Buy
Current Market Cap: Yen1637.1B
See more insights into 5019 stock on TipRanks’ Stock Analysis page.