Oji Holdings Advances Large-Scale Share Buyback Program

Oji Holdings ( (JP:3861) ) has shared an announcement.

Oji Holdings has continued its share buyback program authorized by its board in December 2025, repurchasing 18,343,500 common shares on the Tokyo Stock Exchange between April 1 and April 30, 2026, at a total cost of about JPY 15.47 billion. The purchases, executed via discretionary market trades, are part of a broader plan allowing buybacks of up to 82 million shares or JPY 50 billion over a year, under which the company has cumulatively acquired 48,139,300 shares for roughly JPY 42.46 billion as of April 30, 2026, signaling an ongoing effort to enhance shareholder value and optimize its equity base.

The scale of the program, representing up to 9% of shares outstanding excluding treasury stock, suggests a significant capital return initiative that could support earnings per share and potentially bolster the stock’s valuation. With more authorization still available under the existing resolution, investors may view the continuing buybacks as an indication of management’s confidence in the company’s financial position and long-term prospects, while also tightening the company’s free float over time.

The most recent analyst rating on (JP:3861) stock is a Buy with a Yen930.00 price target. To see the full list of analyst forecasts on Oji Holdings stock, see the JP:3861 Stock Forecast page.

More about Oji Holdings

Oji Holdings Corporation is a Japan-based pulp and paper manufacturer listed on the Tokyo Stock Exchange Prime Market. The company focuses on producing paper, packaging materials, and related products for domestic and international markets, serving a broad range of industrial and consumer clients while actively managing its capital structure through share repurchases and other financial measures.

Average Trading Volume: 4,407,450

Technical Sentiment Signal: Buy

Current Market Cap: Yen816.9B

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