Nichia Steel Works, Ltd.
Announcement Regarding Shares Acquisition of Treasury Stock
Acquired 51,100 ordinary shares, total acquisition cost 19,752,000 yen. Acquisition period: August 1–31, 2026, method: market purchase. At the May 14, 2026, Board of Directors meeting, an upper limit of 500,000 shares and up to 200,000,000 yen were contemplated; cumulatively as of August 31, 2026, 111,000 shares and total acquisition cost of 41,173,400 yen have been realized.
Key Figures
- Total number of shares acquired: 51,100 shares (cumulative: 111,000 shares / as of 2026/8/31)
- Total acquisition value of shares: 19,752,000 yen (cumulative: 41,173,400 yen / as of 2026/8/31)
- Acquisition period: August 1, 2026 – August 31, 2026
AI要約
Overview
NyA Steel conducted treasury stock acquisition pursuant to Article 165 of the Companies Act. The current acquisition is in ordinary shares, with a total number of shares acquired of 51,100 and total acquisition value of 19,752,000 yen. The acquisition period was from August 1 to August 31, 2026, and was conducted by market purchases. At the Board resolution, a cap of 500,000 shares (1.11% of issued shares) and a total amount of 200,000,000 yen were set, and cumulatively as of August 31, 2026, 111,000 shares and 41,173,400 yen have been reached.
Background and Impact
This treasury stock acquisition is considered a shareholder return measure, suggesting aims to curb dilution and support the share price. The cumulative acquisition size still has room under the approved limit, and continued buybacks could be contemplated in the future. The document does not specify the exact capital policy intentions or future buyback policy, but can be interpreted as a move to improve liquidity and shareholder value.
Nichia Steel Works, Ltd.
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