Noritsu Koki announces share repurchase progress

Noritsu Koki (TSE:7744) announced the progress of its treasury stock repurchase program as of March 31, 2025, in accordance with a Board of Directors resolution from February 14, 2025. Between March 1, 2025, and March 31, 2025, the company repurchased 107,300 common shares at a total cost of JPY494,672,500. The repurchase method involved market purchases based on a discretionary dealing contract. The initial resolution authorized the repurchase of up to 500,000 shares, not exceeding a total cost of JPY2,000,000,000, between February 25, 2025, and June 30, 2025. In total, the company has repurchased 128,000 shares at a cost of JPY586,155,500 since the resolution.