tiprankstipranks
Advertisement
Advertisement

Idemitsu Kosan Updates on Progress of Share Buyback Program

Story Highlights
  • Idemitsu is executing a market-based share buyback as part of its capital management strategy.
  • By April 30, 2026 it repurchased about 9.07 million shares, leaving ample room under its buyback cap.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Idemitsu Kosan Updates on Progress of Share Buyback Program

Meet Samuel – Your Personal Investing Prophet

Idemitsu Kosan Co ( (JP:5019) ) just unveiled an update.

Idemitsu Kosan has disclosed the latest progress of its ongoing share buyback program authorized under Japan’s Companies Act, focusing on repurchasing common stock from the market. The initiative is part of a broader capital management policy that can support shareholder returns, adjust capital structure, and potentially enhance earnings per share.

Between April 1 and April 30, 2026, the company repurchased 7,502,300 shares for about ¥10.94 billion through market purchases. Cumulatively, under the resolution approved in November 2025 that allows up to 43 million shares or ¥30 billion until November 11, 2026, Idemitsu has bought back 9,074,000 shares for approximately ¥13.25 billion, indicating that there is still substantial capacity remaining under the current authorization.

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 primarily engaged in petroleum refining, fuel and lubricants supply, and related operations, with its shares listed on the Tokyo Stock Exchange Prime Market. The company plays a key role in Japan’s downstream energy sector, serving domestic and international markets for oil-based products and associated services.

Average Trading Volume: 4,586,987

Technical Sentiment Signal: Buy

Current Market Cap: Yen1675B

Learn more about 5019 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1