Nitto Denko Corporation
Notice Regarding the Resolution on Share Buyback (Acquisition of Treasury Stock Based on the Provisions of Article 165, Paragraph 2 of the Companies Act)
Nitto Denko Corporation has resolved to acquire treasury stock with an upper limit of 20,000,000 shares and a total amount of up to 50 billion yen from April 8, 2026, to August 31, 2026.
Key Figures
- Upper limit of shares to be acquired: 20,000,000 shares (2.97% of total issued shares)
- Upper limit of total acquisition price: 50 billion yen
- Acquisition period: April 8, 2026, to August 31, 2026
AI要約
Overview of Capital Policy
Nitto Denko Corporation has resolved to acquire treasury stock as part of agile capital management responding to changes in the business environment and comprehensive shareholder return initiatives. The target shares are our common shares, with an upper limit of 20,000,000 shares and a total acquisition price capped at 50 billion yen. The acquisition period is from April 8, 2026, to August 31, 2026. This is expected to result in acquiring approximately 2.97% of the total issued shares (excluding treasury stock).
Impact on Shareholders and Current Status
As of February 28, 2026, the number of treasury shares held was 4,999,950 shares, and it is expected that the number of treasury shares will increase through this acquisition. The share buyback is positioned as part of shareholder returns aiming to enhance shareholder value. Although the source of funds is unspecified, the total amount is capped at 50 billion yen, allowing for flexible capital policy responses going forward.
