Business

7-Eleven Parent Company Unveils Massive $13.2B Buyback and IPO Plan for North American Arm

Seven & i Holdings Announces Strategic Financial Moves

In a significant financial strategy update, Seven & i Holdings has announced a comprehensive share repurchase program amounting to 2 trillion yen ($13.2 billion). This move is part of the company's broader plan to enhance shareholder value and optimize its corporate structure.

IPO Plans for 7-Eleven Inc.

Furthering its strategic initiatives, Seven & i Holdings plans to list its North American subsidiary, 7-Eleven Inc., in the second half of 2026. Despite the public listing, the company intends to maintain a majority stake in 7-Eleven, ensuring continued influence over its operations and strategic direction.

Divestiture and Leadership Changes

In addition to the share buyback and IPO, Seven & i Holdings has agreed to sell its superstore business division to Bain Capital for approximately 814.7 billion yen ($5.37 billion). This divestiture is aimed at streamlining the company's operations and focusing on its core convenience store business. Alongside these financial maneuvers, the company will see a leadership change with Stephen Dacus, the lead independent outside director, stepping in as CEO, marking a historic moment as the first foreigner to hold the top executive position.