Nagawa completes share buyback program via ToSTNeT-3

Nagawa Co. (TSE:9663) has announced the completion of its share buyback program, executed through off-auction own share repurchase trading (ToSTNeT-3) on the Tokyo Stock Exchange on March 11, 2025. The company repurchased a total of 85,500 shares of its common stock, with an aggregate purchase price of ¥589,950,000. This buyback, aimed at enhancing shareholder returns and improving capital efficiency, follows a board resolution passed on March 10, 2025, which authorized the repurchase of up to 87,000 shares, not to exceed ¥600,300,000. The repurchased shares represent approximately 0.55% of the total outstanding shares, excluding treasury shares.