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Nikon completes share buyback, announces stock cancellation

March 17, 2025 at 12:01 PM UTCBy FilingReader AI

Nikon Corporation announced the completion of its share repurchase program initiated on October 31, 2024. Between March 1, 2025, and March 14, 2025, the company acquired 2,371,000 shares of its common stock for a total purchase price of ¥3,782,217,300. This concludes the buyback program approved last year, during which Nikon repurchased a total of 17,891,000 shares for ¥29,999,994,000. In addition, Nikon will cancel 17,891,000 shares of treasury stock, representing 5.4% of outstanding shares (excluding treasury stock) before cancellation, effective March 31, 2025. Following the cancellation, Nikon anticipates having 333,585,686 outstanding shares and 4,767,318 shares of treasury stock.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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