Murata Manufacturing Launches ¥150 Billion Share Buyback and Cancellation Plan

Murata Manufacturing Co ( (JP:6981) ) has provided an update.

Murata Manufacturing’s board has approved a share buyback of up to 75 million common shares, representing as much as 4.12% of its outstanding stock excluding treasury shares, at a cost of up to ¥150 billion between May 11, 2026 and January 29, 2027. The company plans to cancel all shares repurchased on February 26, 2027, a move aimed at improving capital efficiency and potentially boosting shareholder value through a reduced share count.

Murata will retain its existing treasury stock of about 142.7 million shares accumulated as of March 31, 2026, intending to keep these shares available during its Medium-term Direction 2027 period for flexible financial strategies. Management signals that this reserve could support future strategic investments, underscoring a balance between returning capital via cancellations and preserving capacity for acquisitions or other growth initiatives in the coming years.

The most recent analyst rating on (JP:6981) stock is a Buy with a Yen7000.00 price target. To see the full list of analyst forecasts on Murata Manufacturing Co stock, see the JP:6981 Stock Forecast page.

More about Murata Manufacturing Co

Murata Manufacturing Co., Ltd. is a Japan-based electronics components manufacturer best known for capacitors, communication modules, and other key parts used in smartphones, autos, and industrial equipment. Listed on the Tokyo Stock Exchange Prime Market, the company serves global electronics and communications markets, where capital efficiency and strategic flexibility are important to maintaining competitiveness and supporting growth investments.

Average Trading Volume: 9,889,757

Technical Sentiment Signal: Buy

Current Market Cap: Yen8926.8B

Learn more about 6981 stock on TipRanks’ Stock Analysis page.