Subaru Corporation spent ¥23.75bn buying back its own shares in August, according to the monthly status report the automaker filed with the Kanto Local Finance Bureau. That single month's purchase, 9,117,100 shares bought on 15 separate trading days, pushed the company's running total under its current repurchase authorization past the one-third mark in value terms.
The underlying mandate is large: an ¥80mn-share, ¥150bn ceiling approved by Subaru's board on May 15, 2026, running from May 18, 2026 to March 16, 2027. Through the end of August, Subaru had bought back 19,969,200 shares for a cumulative ¥50.8bn, equal to 24.96% of the share-count cap and 33.86% of the yen-value cap, the filing states.
| Metric | Shares | Value |
|---|---|---|
| Board authorization (approved May 15, 2026; window to March 16, 2027) | 80,000,000 | ¥150bn |
| Purchased in August 2026 | 9,117,100 | ¥23.75bn |
| Cumulative through August 31, 2026 (24.96% / 33.86% of caps) | 19,969,200 | ¥50.8bn |
The filing also records a smaller, separate transaction: on August 7, Subaru disposed of 108,345 treasury shares for ¥269.6mn as restricted stock compensation, the only disposition activity in the reporting month. No shares were cancelled or transferred via merger, share exchange, or corporate split. As of August 31, Subaru held 21,368,722 treasury shares against 717,335,273 shares outstanding.
The filing is a routine monthly compliance report under Article 24-6(1) of the Financial Instruments and Exchange Act, not a new announcement of buyback intent or size. It does not disclose management's reasoning for the pace of purchases, nor does it indicate whether the company intends to complete the authorization before its March 2027 expiry.