Japan’s ANA HOLDINGS will conduct a share buyback of up to 150 billion yen.
The maximum number of shares to be acquired is 67.5 million, to be purchased on the market. The acquisition period runs from December 16 through December 15, 2026. Shares acquired will be canceled.
As part of balance sheet management with a focus on capital efficiency, the company aims to optimize its capital structure and says it intends to enhance per-share shareholder value by partially returning capital paid in by holders of common stock through a public offering during the COVID-19 pandemic and by reducing the number of outstanding common shares.
Additionally, it will raise 200 billion yen through the issuance of bond-type class shares, allocating 100 billion yen to aircraft investments and approximately 94 billion yen to fund the share repurchase.
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