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

【Nitto Denko】Share Buyback Status|May 2026

Nitto Denko repurchased 2,466,000 shares of common stock through a market purchase for 7,499,720,700 yen in May 2026. In the resolution in March 2026, it was planned to acquire up to 20,000,000 shares (with a limit of 50 billion yen).

Importance:
Page Updated: June 10, 2026
IR Disclosure Date: June 10, 2026

Key Figures

  • Total number of shares repurchased: 2,466,000 shares
  • Total acquisition cost: 7,499,720,700 yen
  • Acquisition period: May 1, 2026 – May 31, 2026

AI要約

Overview of Capital Policy

Nitto Denko Corporation acquired 2,466,000 shares of common stock for 7,499,720,700 yen through a market purchase in May 2026. This was based on the resolution of the Board of Directors in March 2026 and is part of the planned acquisition of up to 20,000,000 shares (with a cap of 50 billion yen). The acquisition period was from May 1 to May 31, 2026, bringing the total shares acquired to date to 5,839,900 shares, with a total amount of 18,499,675,500 yen.

Impact on Shareholders and Future Outlook

This share buyback is considered part of shareholder return measures, aimed at preventing dilution of shares and stabilizing the share price. Going forward, the company plans to continue promoting appropriate share buybacks and dividend policies as part of its capital policy, with the goal of enhancing shareholder value. Details of the buyback status and capital policy will continue to be provided.

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

Nitto Denko Corporation

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