OSG Corporation Completes Major Share Buyback

OSG (JP:6136) has released an update.

OSG Corporation has completed its share repurchase program, buying back 562,600 shares for a total cost of approximately ¥1.12 billion. The repurchase occurred between October 1 and October 9, 2024, via the Tokyo Stock Exchange, under the authorization of a Board of Directors resolution from December 5, 2023. This buyback is part of a larger program that allowed for the repurchase of up to 15 million shares, of which 11,059,200 shares have been repurchased to date, totaling nearly ¥22 billion.

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