Nippon Electric Glass Co., Ltd.
Notice Regarding the Resolution on Share Buyback (Repurchase of Treasury Stock Based on Provisions of Article 165, Paragraph 2 of the Companies Act)
Decided to acquire up to 4,000,000 shares (5.32% of outstanding shares) of treasury stock on the Tokyo Stock Exchange from February 9, 2026, to December 23, 2026, with an upper limit of 20 billion yen.
Key Figures
- Number of shares to be acquired: Up to 4,000,000 shares (5.32% of total outstanding shares)
- Total acquisition amount: Up to 20 billion yen
- Acquisition period: From February 9, 2026 to December 23, 2026
AI要約
Overview of Capital Policy
Nippon Electric Glass Co., Ltd. has decided to acquire treasury stock with the aim of improving capital efficiency and enhancing returns to shareholders, based on the medium-term management plan 'EGP2028.' The shares to be acquired are common shares of the company, with an upper limit of 4,000,000 shares (5.32% of total outstanding shares), and the total acquisition amount is capped at 20 billion yen. The acquisition period is from February 9, 2026, to December 23, 2026, with purchases being made on the Tokyo Stock Exchange through market transactions.
Impact on Shareholders and Current Status
As of January 31, 2026, the number of treasury shares held is 14,294,962 shares, and the total number of outstanding shares (excluding treasury stock) is 75,228,284 shares. This treasury stock acquisition will further increase the ratio of treasury stock to total outstanding shares, and is expected to improve capital efficiency and strengthen shareholder returns. Since the acquisition method is market purchase, the buyback will be conducted according to stock price movements.
