Subaru bought back 6,172,900 of its own shares for ¥16.21bn in September, taking the cumulative repurchase to 26,142,100 shares and ¥67.00bn, according to its monthly buyback status report. See also Tokyo Brief's earlier article on Subaru's buyback.
Spending against the cap
The purchases fall under the board resolution of May 15, 2026, which allows up to 80,000,000 shares and ¥150bn over an acquisition period from May 18, 2026 to March 16, 2027. The report puts progress at 32.68% of the share limit and 44.67% of the value limit. Both figures are ceilings on what Subaru may buy, not a commitment to buy them or a schedule for doing so.
What September looked like
The report lists ten purchase days, from September 1 to September 14, and none after the 14th. Daily buying ran from 546,600 shares to 719,000 shares, or roughly ¥1.5bn to ¥1.85bn a day. The largest days by value were September 8 and September 2, at about ¥1.85bn each. Purchase dates and amounts are stated on a contract-date basis.
Treasury shares
At the end of September, Subaru held 27,541,896 treasury shares against 717,335,273 shares in issue. The holding figure includes shares acquired through odd-lot (below one trading unit) purchase requests, so it is not the same measure as the buyback total. The report records no disposals of treasury shares, and no repurchases under a shareholder-meeting resolution.