Nitto Denko Corporation

6988.T
Specialty Chemicals
2026/08/06 Updated
Market Cap: $14.4B (¥2.3T)
Stock Price: $21.68 (¥3,420)
Exchange Rate: 1 USD = ¥157.73

Notice Regarding the Status of Share Buyback

The shares repurchased are 2,720,100 common shares, totaling 9,060,035,294 yen. Purchase method is market purchases, period from 2026/07/01 to 2026/07/31. The upper limit, based on the board of directors resolution dated 2026/03/30, is 20,000,000 shares (2.97% of issued stock, upper limit of 50 billion yen, period from 2026/04/08 to 2026/08/31), and cumulative purchases as of 2026/07/31 are 12,166,600 shares, totaling 38,499,355,750 yen.

Importance:
Page Updated: August 6, 2026
IR Disclosure Date: August 6, 2026

Key Figures

  • 2,720,100 shares: Number of treasury shares acquired
  • 9,060,035,294 yen: Total amount paid for acquisition
  • 12,166,600 shares: Cumulative number of shares acquired (as of 2026/7/31)

AI要約

Overview of the share buyback

This notice announces the status of share buybacks based on a board resolution. The acquired shares are Nitto Denko’s ordinary shares, totaling 2,720,100 shares for 9,060,035,294 yen. The method is market purchases on the Tokyo Stock Exchange, with acquisition period from July 1, 2026 to July 31, 2026. The upper limit, based on the board resolution dated March 30, 2026, is 20,000,000 shares (2.97% of issued shares, upper limit of 50 billion yen, period from April 8, 2026 to August 31, 2026). Cumulative acquisitions through July 31, 2026 are 12,166,600 shares for a total of 38,499,355,750 yen.

Outlook and impact on shareholders

This matter is conducted as part of shareholder returns, aiming to reduce dilution and maximize shareholder value. Cumulative progress is within the disclosed period, and acquisitions are expected to continue within the upper limit. Since market purchases depend on market conditions, additional updates on the status of acquisitions are anticipated in future disclosures.

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

Nitto Denko Corporation

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