Ajinomoto Co., Inc. (TSE:2802) announces a share repurchase program. Under the program, the company will repurchase up to 50,000,000 shares, representing 5.03% of its issued share capital, for ¥100,000 million. The purpose of the program is to enhance shareholder returns and improve capital efficiency.
Repurchased shares will be cancelled. The program is valid till November 30, 2025. As of March 31, 2025, the company had 994,399,768 outstanding shares (excluding treasury stock) and 11,237,848 treasury shares.
Ajinomoto Co Inc is a Japan-based company mainly engaged in the food business. The Company operates in three business segments. Seasonings & Foods segment is engaged in the provision of seasonings, nutritional and processed foods, and solutions & ingredients. The Frozen Foods segment is engaged in the provision of frozen foods. The Health Care and Other segment is engaged in the provision of pharmaceutical- and food-use amino acids, biopharmaceutical services, functional materials, and other products and services.
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