Nippon Gas completes JPY3bn share repurchase program

Nippon Gas (TSE: 8174) announced the completion of its share repurchase program initiated on January 29, 2025, as authorized by the Board of Directors. The company repurchased a total of 1,357,700 of its common shares for a total value of ¥2,999,985,350. This concludes the repurchase plan approved on January 28, 2025, which allowed for the acquisition of up to 1,700,000 shares, representing 1.5% of outstanding shares excluding treasury stock, with a maximum total value of ¥3 billion. The shares were acquired through market purchases on the Tokyo Stock Exchange between March 1, 2025 and March 12, 2025. The move reflects Nippon Gas's commitment to enhancing shareholder value.