Nittetsu Mining Co., Ltd.

2026/08/21 Updated
Market Cap: $1.7B (¥272.7B)
Stock Price: $22.14 (¥3,520)
Exchange Rate: 1 USD = ¥158.98

Notification of Share Buyback|May 2026

Nittetsu Mining acquired approximately 398,300 shares of treasury stock for about 971 million yen in May 2026, bringing the total to approximately 83,220,000 shares for about 2.1 billion yen. The company plans to continue its stock repurchase program.

Importance:
Page Updated: June 1, 2026
IR Disclosure Date: June 1, 2026

Key Figures

  • Total shares acquired: 398,300 shares
  • Total cost of shares acquired: 971,352,800 yen
  • Cumulative shares acquired: 83,220,000 shares (approximately 2.1 billion yen)

AI要約

Overview of Share Buyback

Nittetsu Mining in May 2026 acquired 398,300 shares of common stock through a market purchase, totaling approximately 971 million yen. Cumulatively, approximately 832,200 shares, worth about 2.1 billion yen, have been repurchased, demonstrating ongoing efforts to return value to shareholders and improve capital efficiency.

Future Outlook and Impact on Shareholders

The company intends to continue its share buyback program, scheduled from April 2026 to January 2027. This aims to enhance shareholder value, optimize the equity ratio, and prevent stock dilution.

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

Nittetsu Mining Co., Ltd.

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