Itochu : Announcement Regarding the Status of Repurchase of Own Shares
January 04, 2023 at 05:28 am IST
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January 4, 2023
This document is an English translation
of a statement written originally in Japanese. The Japanese original should be considered as the primary version.
ITOCHU Corporation
(Code No. 8001, Prime Market)
Representative Director and President and Chief Operating Officer: Keita Ishii
Contact: Suguru Amano
General Manager, Investor Relations Division (TEL. +81-3-3497-7295)
Announcement Regarding the Status of Repurchase of Own Shares
(Repurchase of the Company's shares in accordance with the Articles of Incorporation under
Article 165, paragraph 2 of the Companies Act)
ITOCHU Corporation ("ITOCHU") decided at the meeting of the Board of Directors held on October 4, 2022 to repurchase own shares in accordance with Article 156 of the Companies Act of Japan, as applied pursuant to Paragraph 3, Article 165 of the Companies Act of Japan. ITOCHU hereby announces the status of the repurchase as follows.
Progress of the repurchase until December 31, 2022
Type of shares repurchased: Common stock of ITOCHU
Total number of shares repurchased: 1,836,600 shares
Total amount: 7,789,655,300 yen
Period: From December 1, 2022 to December 31, 2022
Accumulated total of the repurchase until December 31, 2022 pursuant to the above resolution
Total number of shares repurchased: 6,746,200 shares
Total amount of shares repurchased: 27,388,916,700 yen
(Reference)
Details of the repurchase resolved by the Board of Directors on October 4, 2022
Type of shares to be repurchased: Common stock of ITOCHU
Total number of shares to be repurchased: 11,000,000 shares (maximum)
(Proportion of the total number of shares issued excluding treasury stock: approximately 0.7%)
Total amount: 35,000,000,000 yen (maximum)
Period: From October 4, 2022 to January 31, 2023
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Itochu Corporation published this content on 04 January 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 January 2023 23:57:08 UTC.
Itochu Corporation is a diversified group organized around 8 areas of activity:
- distribution of food products (34.9% of net sales): frozen food, vegetable oil, sweeteners, sugars, etc.;
- distribution of hydrocarbons (23.3%): hydrocarbons (natural gas, oil products, bioethanol, etc.). The group also develops manufacturing of chemical products activity;
- manufacturing and sale of industrial and construction machines, vehicles and ships (9.7%);
- production of metals and coal (8.5%);
- sale of consumer products (8.4%). The group also develops forest products sale and real estate development activities;
- distribution of computing and telecommunication equipments (7%): data transmission, Internet access, media content broadcasting and mobile telephony equipments. The group also offers financial services;
- sale of textile products (3.6%);
- other (4.6%).
Net sales are distributed geographically as follows: Japan (79.5%), Singapore (5.4%), the United States (4.5%), Australia (3.1%), China (2.8%) and other (4.7%).
ITOCHU CORPORATION 
