Mizuho (MFG) finishes ¥299,999,885,700 buyback, to cancel 47,016,600 shares
Rhea-AI Filing Summary
Mizuho Financial Group, Inc. reports completion of a share repurchase program and the planned cancellation of the repurchased shares. In the latest phase, the company bought back 7,885,800 common shares between March 1 and March 11, 2026 for a total of ¥50,935,886,300 through market purchases using a trust method.
Under Board resolutions from November 14, 2025 and February 2, 2026, the aggregate repurchase reached 47,016,600 shares for ¥299,999,885,700, within an authorized maximum of 65,000,000 shares and ¥300,000,000,000. All 47,016,600 repurchased shares, equal to 1.9% of outstanding shares before cancellation, are scheduled to be cancelled on April 22, 2026, permanently reducing the share count.
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Insights
Mizuho completes a near-full ¥300B buyback and will cancel all repurchased shares.
Mizuho Financial Group executed a substantial repurchase of 47,016,600 common shares for ¥299,999,885,700, essentially using the full Board authorization of up to 65,000,000 shares and ¥300,000,000,000. The March 2026 tranche accounted for 7,885,800 shares and ¥50,935,886,300.
The company plans to cancel all 47,016,600 repurchased shares on April 22, 2026, equivalent to 1.9% of outstanding shares before cancellation. This reduces the share count and can increase per-share metrics, with actual effects depending on future earnings and capital requirements.
AI-generated analysis. How Rhea-AI works. Not financial advice.