Nippon Gas Co., Ltd.

8174.T
Utilities - Regulated Gas
2026/03/02 Updated
Market Cap: $2.1B (¥335.5B)
Stock Price: $19.99 (¥3,124)
Exchange Rate: 1 USD = ¥156.25

Notice Regarding Status of Treasury Stock Acquisition (Interim Report) (Based on Provisions of Article 165, Paragraph 2 of the Companies Act on Treasury Stock Acquisition)

Acquired 590,500 shares of treasury stock totaling 1,734,592,850 yen during the period from February 1 to February 28, 2026. The cumulative number of shares acquired is 1,987,400 shares, with a total acquisition cost of 5,859,213,100 yen, representing progress rates of 49.7% and 65.1%, respectively.

Importance:
Page Updated: March 2, 2026
IR Disclosure Date: March 2, 2026

Key Figures

  • Total Number of Shares Acquired (as of February 28, 2026): 1,987,400 shares (Progress 49.7%)
  • Total Acquisition Cost of Shares (as of February 28, 2026): 5,859,213,100 yen (Progress 65.1%)
  • Number of Shares Acquired During This Period: 590,500 shares (February 1, 2026 – February 28, 2026)

AI要約

Overview of Treasury Stock Acquisition

Nippon Gas Co., Ltd. has been implementing a treasury stock acquisition based on the Board of Directors resolution dated October 28, 2025, with an upper limit of 4,000,000 shares of common stock (3.7% of total issued shares) and a maximum of 9 billion yen. From February 1 to February 28, 2026, the company acquired 590,500 shares of treasury stock at a total acquisition cost of 1,734,592,850 yen through market purchases on the Tokyo Stock Exchange. As a result, the cumulative number of shares acquired reached 1,987,400 shares, and the total acquisition cost amounted to 5,859,213,100 yen, corresponding to progress rates of 49.7% and 65.1% of the acquisition plan, respectively.

Impact on Shareholders and Future Outlook

The treasury stock acquisition has an upper limit of approximately 3.7% of the total issued shares, and the current progress has reached about half of that target. The acquisition method is market purchase, aiming to enhance shareholder value. The acquisition is planned to continue until March 31, 2026, and it is expected to strengthen shareholder returns as part of the company's capital policy.

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