Nippon Electric Glass Co., Ltd.
Notice Regarding Status of Share Buyback (Share Buyback Based on Provisions of Article 165, Paragraph 2 of the Companies Act)
Acquired 734,100 shares of treasury stock totaling 4,538,491,000 yen from February 9 to February 28, 2026. The acquisition upper limit is 4,000,000 shares, 20 billion yen, with the period until December 23.
Key Figures
- Total number of shares acquired: 734,100 shares (February 9 to February 28, 2026)
- Total acquisition cost of shares: 4,538,491,000 yen
- Acquisition upper limit of total shares: 4,000,000 shares (equivalent to 5.32% of issued shares)
AI要約
Overview of Share Buyback
Nippon Electric Glass Co., Ltd. has conducted share buybacks based on the resolution of the Board of Directors on February 6, 2026, in accordance with the provisions of Article 165, Paragraph 3 of the Companies Act. Between February 9 and February 28, 2026, the company acquired 734,100 common shares by market purchases on the Tokyo Stock Exchange for a total of 4,538,491,000 yen. The maximum number of shares that can be acquired is 4,000,000 shares, the upper limit for the acquisition cost is 20 billion yen, and the acquisition period is until December 23, 2026.
Impact on Shareholders and Outlook
This share buyback is conducted with an upper limit equivalent to 5.32% of the total number of issued shares (excluding treasury stock) and aims to enhance shareholder value. Since the acquisition is made through market purchases, it is implemented with consideration for the liquidity of shares. Going forward, acquisitions within the upper limit based on the same resolution are expected to continue until December 23, 2026.
