Nitto Denko Corporation

6988.T
Specialty Chemicals
2026/08/21 Updated
Market Cap: $14.3B (¥2.3T)
Stock Price: $21.63 (¥3,439)
Exchange Rate: 1 USD = ¥158.98

Nippon Electronika Share Buyback Status Announcement | May 2026

Nippon Electronika announced that between April 8, 2026, and April 30, 2026, it acquired 3,373,900 shares (approximately 1.1 billion yen) through market purchases on the Tokyo Stock Exchange. The company plans to continue share repurchases in the future.

Importance:
Page Updated: May 12, 2026
IR Disclosure Date: May 12, 2026

Key Figures

  • Total shares acquired: 3,373,900 shares (approximately 1.1 billion yen)
  • Total acquisition cost: 10,999,954,800 yen
  • Acquisition period: April 8, 2026 – April 30, 2026

AI要約

Overview of Capital Policy

Nippon Electronika announced that it acquired 3,373,900 common shares (approximately 1.1 billion yen) through market purchases on the Tokyo Stock Exchange during the period from April 8, 2026, to April 30, 2026. This follows the share acquisition plan approved at the Board of Directors meeting on March 30, 2026. The company intends to continue share repurchases moving forward. The maximum number of shares to be acquired is 20,000,000 shares (around 500 billion yen), representing approximately 2.97% of total shares outstanding.

Impact on Shareholders and Future Outlook

This share repurchase is part of shareholder return initiatives, aiming to improve capital efficiency and enhance shareholder value. The company may continue to acquire shares based on market conditions and its capital policy. Investors should pay attention to the progress of the share buyback and developments in capital policy.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.

Nippon Electronika Co., Ltd.

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