ITOCHU completes share tender offer and commences market purchases
The company acquired 82.7 million shares at 1,813 yen each. Remaining authorized funds of 150 billion yen will support ongoing market repurchases through January 2027.
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Global trading company in multiple industries
itochu.co.jpLast updated
In short: ITOCHU achieved record-high annual profits, executed a 150 billion yen share buyback, and expanded its aviation and energy portfolios.
The company acquired 82.7 million shares at 1,813 yen each. Remaining authorized funds of 150 billion yen will support ongoing market repurchases through January 2027.
The company plans to acquire up to 38% of the firm via a tender offer starting in November 2026.
The two companies will integrate television viewing, in-store purchase, and digital advertising data to provide a cross-channel advertising effectiveness analysis solution.
The report covers fiscal year ended March 31, 2016, with sections on strategy, governance, financials, and operations, available as PDF and e-book.
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