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Bridgestone repurchases ¥35.63B shares in August

Bridgestone Corp. bought back ¥35.63 billion of shares in August under the share repurchase program it announced in February.

The Japanese tire and rubber producer repurchased 8,942,100 shares from Aug. 1-31. It follows the redemption of 4,625,100 shares in July for ¥19.41 billion.

To date, Bridgestone has bought back ¥192.55 billion of shares under its plan to buy back ¥200 billion of shares by Dec. 23.

As of Sept. 2, US$1 was equivalent to ¥106.27.