Mitsui Chemicals, Inc. (TSE:4183) announces a share repurchase program. Under the program, the company will repurchase 18,400,000 shares, representing 4.89% of its share capital, for ¥30,000 million. The company will repurchase its shares in order to improve capital efficiency and will cancel treasury shares to enhance the effectiveness of shareholder returns.
The repurchase program will continue until July 31, 2026. As of January 31, 2026, the company had 376,523,573 shares outstanding (excluding treasury shares) and 25,164,057 shares in treasury.
Mitsui Chemicals Inc is engaged in life and healthcare solutions, mobility solutions, information and communication technology (ICT) solutions, and basic and green materials business. The Company operates in four business segments. Life and Healthcare Solutions segment manufactures and sells vision materials, nonwoven fabrics, oral care materials, personal care materials and agricultural chemicals. The Mobility Solutions segment manufactures and sells elastomers, functional compounds and polypropylene compounds, and supports the development of new products for industrial products. The ICT Solutions segment manufactures and sells semiconductor and electronic component process materials, optical materials, lithium-ion battery materials, next-generation battery materials and others. The Basic and Green Materials segment manufactures and sells ethylene, propylene, polyethylene, polypropylene, catalysts, phenols, high-purity terephthalic acid, polyethylene terephthalate resin and others.
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