Dividend and Share Repurchase
Shareholder Returns Policy
Medium to Long Term Shareholders Return Policy(announced on October 1,2018) is stated below.
- Gradually increase dividend payout ratio
Gradually increase dividend payout ratio, targeting up to approx. 30%.
- More actively execute share buybacks
Continuously execute share buybacks approx.100 million shares in total, while considering cash flow availability.
Canceled 78 million shares on October 19,2018 to generate available capacity for further share buybacks.
Dividend Information
ITOCHU intends to pay a full-year minimum dividend of ¥85.0 per share, comprising an interim dividend of ¥42.5 per share and a year-end dividend of ¥42.5 per share for FY2020.
Fiscal Year | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 (Minimum) |
---|---|---|---|---|---|---|---|---|
Interim |
¥20.0 |
¥21.0 |
¥23.0 |
¥25.0 |
¥27.5 |
¥32.0 |
¥37.0 |
¥42.5 |
Year-end |
¥20.0 |
¥25.0 |
¥23.0 |
¥25.0 |
¥27.5 |
¥38.0 |
¥46.0 |
¥42.5 |
(Annual Total) |
¥40.0 |
¥46.0 |
¥46.0 |
¥50.0 |
¥55.0 |
¥70.0 |
¥83.0 |
¥85.0 |
Share Repurchase
Repurchase period | Method of acquisition | Total number of shares repurchased | Total amount * |
---|---|---|---|
|
|
(Maximum) |
(Maximum) |
|
|
50,256,100 shares |
¥100.0 billion |
|
(b) Purchase on the TSE |
15,097,200 shares |
¥30.0 billion |
|
|
17,120,000 shares |
¥27.9 billion |
|
|
12,000,000 shares |
¥16.2 billion |
|
|
78,000,000 shares |
¥100.7 billion |
* Rounded off amount.