NICHIDEN Corporation

9902.T
Industrial Distribution
2026/08/07 Updated
Market Cap: $575.9M (¥91.0B)
Stock Price: $19.50 (¥3,080)
Exchange Rate: 1 USD = ¥157.98

【Niden】Decision on Share Buyback and Cancellation|May 2026

Niden Corporation has decided to repurchase 600,000 shares (up to 2,000,000,000 yen) from the market to respond to changes in the corporate environment, aiming to improve capital efficiency and return value to shareholders, with plans to cancel the shares in March 2027.

Importance:
Page Updated: May 8, 2026
IR Disclosure Date: May 8, 2026

Key Figures

  • Number of shares to be repurchased: 600,000 shares
  • Total amount acquired: 2,000,000,000 yen
  • Scheduled cancellation date: March 31, 2027

AI要約

Overview of Share Buyback and Cancellation

Niden Corporation has decided to acquire 600,000 shares (up to 2,000,000,000 yen) from the market as part of a flexible capital policy aligned with changing business conditions. The repurchase period is from June 1, 2026, to December 23, 2026, with the acquired shares scheduled for cancellation on March 31, 2027. This initiative aims to enhance capital efficiency and shareholder returns.

Intent of Capital Policy and Future Outlook

The current share buyback and cancellation aim to enhance shareholder value and strengthen the company's financial health. Shares acquired through market repurchase will be canceled, preventing dilution of the total issued shares and benefiting shareholders. The company will continue to promote flexible capital policies and strengthen shareholder returns.

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

Niden Corporation

Company overview · Stock price · Financial data · All IR

View company page →