Nichicon Corporation

6996.T
Electronic Components
2026/09/18 Updated
Market Cap: $1.1B (¥172.5B)
Stock Price: $16.33 (¥2,568)
Exchange Rate: 1 USD = ¥157.23

Notice regarding Resolution on Matters Concerning Share Buyback

Resolved by the Board of Directors today to conduct share buyback accompanying the issuance of convertible bonds with stock acquisition rights. The maximum number of shares to be acquired is 2,248,000 shares (3.35% of issued shares), the upper limit for the total purchase amount is 5,000,000,000 yen, with the planned period starting September 3, 2026 and implemented through market purchases on ToSTNeT-3. Current treasury stock holdings stand at 2,841,615 shares.

Importance:
Page Updated: September 2, 2026
IR Disclosure Date: September 2, 2026

Key Figures

  • Acquisition upper limit: 2,248,000 shares (upper limit)
  • Total acquisition amount upper limit: 50 billion yen (upper limit)
  • Number of treasury shares held (as of 2026/07/31): 2,841,615 shares

AI要約

Purpose and background of the share buyback

The share buyback resolved today aims to mitigate short-term supply-demand fluctuations arising from the issuance of Euro Yen-denominated convertible bonds with stock acquisition rights maturing in 2031, facilitate funding, suppress stock dilution, improve capital efficiency, and advance a dynamic capital policy responsive to changes in the operating environment.

Key points of the implementation

The shares to be acquired are ordinary shares, with an upper limit of 2,248,000 shares (3.35% of issued shares) and an upper limit of 5 billion yen, with an acquisition period starting September 3, 2026, planned to be conducted through market purchases on the Tokyo Stock Exchange. For specifics of the buyback using ToSTNeT-3, reference the separate disclosure materials.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.

Nichicon Corporation

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