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KDDI Finalizes 250 Billion Yen Tender Offer, Buying Back 107.5 Million Shares

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KDDI (TYO:9433) has finalized its tender offer for treasury shares, purchasing 107.5 million ordinary shares at 2,325 yen each.

The offer, which ran from May 13 to June 9, was oversubscribed with 107.7 million shares tendered against a planned 107.5 million shares.

Due to the oversubscription, KDDI applied a pro-rata allocation method to determine purchases from tendering shareholders.

Settlement is scheduled to begin on July 1,through Daiwa Securities.

The buyback is part of a larger board-approved program authorizing the repurchase of up to 146 million shares for 300 billion yen by Jan. 31, 2027.

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