Business

Seven & i Holdings Announces $13.2 Billion Share Buyback and Plans for 7-Eleven IPO

Seven & i Holdings Announces Major Financial Moves

In a bold move to enhance its market valuation, Seven & i Holdings has unveiled a significant share repurchase program valued at 2 trillion yen ($13.2 billion). This strategic decision comes alongside the announcement to list its North American subsidiary, 7-Eleven Inc., in the latter half of 2026. The company aims to retain a majority stake in 7-Eleven following the public offering.

Divestiture and Leadership Changes

Further restructuring includes the divestment of its superstore business division to Bain Capital for approximately 814.7 billion yen ($5.37 billion). In a historic shift, Seven & i Holdings will appoint Stephen Dacus, the lead independent outside director, as the new CEO, marking the first time a foreigner will lead the company.