Nippon Kayaku completes treasury stock acquisition in March 2025

Nippon Kayaku disclosed the completion of its treasury stock acquisition program, executed as part of its Articles of Incorporation, purchasing shares on the open market through the Tokyo Stock Exchange. The company acquired 532,200 of its common shares at a total cost of JPY735,620,250 between March 1 and March 31, 2025. This acquisition is part of a broader resolution approved by the Board of Directors on November 11, 2024, which authorized the company to acquire up to 6.5 million shares, representing 3.97% of total issued shares (excluding treasury stock), with a maximum acquisition cost of JPY7.0 billion between November 18, 2024, and May 30, 2025. Cumulatively, under this resolution, Nippon Kayaku has acquired 3,730,100 shares at a total value of JPY4,874,470,750.