Idemitsu Kosan Finalizes Accelerated Share Repurchase Adjustment, Lifting Total Buyback to 65.5 Million Shares

Idemitsu Kosan Co ( (JP:5019) ) has issued an announcement.

Idemitsu Kosan has completed the adjustment transaction for its previously announced accelerated share repurchase, determining that it acquired a final total of 65,529,800 shares, including shares obtained from parties other than Daiwa Securities. The transaction was structured around an average share price of ¥1,055.0211, a benchmark amount of approximately ¥59.8 billion, and resulted in an increase of 4,792,300 shares through a no-cost acquisition mechanism, underscoring the company’s ongoing commitment to capital efficiency and shareholder returns.

The adjustment was calculated using the simple average VWAP between March 21, 2025 and March 13, 2026, multiplied by 99.4%, tying the final share count to market conditions over the period. By finalizing these terms and executing the additional no-cost share acquisition from holders of stock acquisition rights, Idemitsu Kosan has clarified the ultimate scale of the buyback, which may support earnings per share and signal confidence in its valuation and long-term financial strategy.

The most recent analyst rating on (JP:5019) stock is a Hold with a Yen1535.00 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 TSE Prime Market, traditionally engaged in petroleum refining, fuel sales, and related energy businesses. As a key player in Japan’s energy sector, its capital policies and share repurchase programs are closely watched by investors for signals on shareholder returns and balance sheet strategy.

YTD Price Performance: 23.58%

Average Trading Volume: 3,750,682

Technical Sentiment Signal: Buy

Current Market Cap: Yen1883.3B

For a thorough assessment of 5019 stock, go to TipRanks’ Stock Analysis page.