NOF Corporation
Notice Regarding Status and Completion of Share Buyback (Acquisition of Treasury Stock Based on Provisions of Article 165, Paragraph 2 of the Companies Act)
Nippon Oil Corporation acquired 434,000 shares of its common stock through market purchases on the Tokyo Stock Exchange at a total acquisition price of 1,406,655,100 yen from December 1, 2025, to December 23, 2025, and completed the share buyback on December 23, 2025.
Key Figures
- Number of Shares Acquired: 434,000 shares
- Acquisition Price: 1,406,655,100 yen
- Acquisition Period: 2025-12-01 to 2025-12-23
- Purpose of Acquisition: Unknown
AI要約
Overview of Share Buyback
Nippon Oil Corporation, based on the provisions of Article 156 of the Companies Act as applied mutatis mutandis pursuant to Article 165, Paragraph 3 of the same Act, acquired 434,000 shares of its common stock through market purchases on the Tokyo Stock Exchange at a total acquisition price of 1,406,655,100 yen during the period from December 1, 2025, to December 23, 2025. The share buyback resolved by the Board of Directors meeting held on November 6, 2025, was completed on December 23, 2025.
Background and Purpose of Acquisition
This share buyback was conducted based on the Board of Directors resolution on November 6, 2025, within the limits of up to 2,000,000 shares and a total acquisition price ceiling of 5,000,000,000 yen, corresponding to 0.87% of the total number of issued shares (excluding treasury stock). The acquisition method consisted of market purchases on the Tokyo Stock Exchange and purchased through off-auction own share transactions (ToSTNeT-3). It is presumed to aim at shareholder returns and improvement of capital efficiency.
