NOF Corporation
Notice Regarding the Status of Treasury Stock Acquisition and Completion of Acquisition (Based on the Provisions of Article 165, Paragraph 2 of the Companies Act)
From March 1 to March 23, 2026, 999,000 shares of treasury stock were acquired at a total amount of JPY 2,954,880,600, and the acquisition was completed on March 23.
Key Figures
- Total number of shares acquired: 999,000 shares (March 1 to March 23, 2026)
- Total acquisition price of shares: JPY 2,954,880,600
- Cumulative total shares acquired: 1,680,600 shares (as of March 23, 2026)
AI要約
Overview of Treasury Stock Acquisition
Nippon Oil Corporation, based on the board resolution dated February 13, 2026, has conducted treasury stock acquisitions from February 16 to March 31, 2026, with an upper limit of 1,800,000 shares and a total acquisition price of JPY 5,000,000,000. The acquisitions were completed as of March 23, 2026, with a cumulative total of 1,680,600 shares acquired at a total acquisition cost of JPY 4,999,844,500. The current acquisition accounts for 999,000 shares amounting to JPY 2,954,880,600. The acquisition method was market purchases on the Tokyo Stock Exchange.
Impact on Shareholders and Future Outlook
The acquired treasury shares represent an upper limit of approximately 0.79% of the total number of issued shares and are intended to enhance shareholder value. With the completion of acquisition, attention is turning to future capital policies and shareholder return measures; however, details on fund usage have not been disclosed at this time. Since the acquisition was conducted through market purchases, the impact on market liquidity is considered limited.
