Aisin Corporation (TSE:7259) announces a share repurchase program. Under the program, the company will repurchase up to 17,000,000 shares, representing 6.31% of its issued share capital (excluding treasury stock), for a total purchase price of ¥100,000 million. The purpose of the program is strengthening shareholder returns and achieving a balance between financial safety and capital efficiency. The program will be valid till March 31, 2025. As of May 31, 2024, the company had 269,533,825 issued shares (excluding treasury stock) and 25,140,809 treasury shares.

On August 6, 2024, the company announces a stock split under which the company will acquire 3 shares for every 1 common share of the company. The stock split is effective from October 1, 2024.