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Nippon Yusen Kabushiki Kaisha completes stock buyback and retirement

April 7, 2025 at 12:01 PM UTCBy FilingReader AI

Nippon Yusen Kabushiki Kaisha announced the completion of its stock acquisition program, initiated following Board of Directors' meetings on May 8, 2024, and November 6, 2024. The company acquired a total of 1,082,600 shares of its common stock between April 1, 2025, and April 4, 2025, for JPY 4,999,784,300, through open market purchases on the Tokyo Stock Exchange. This completes the acquisition program authorized at the November 6, 2024 meeting, which allowed for the purchase of up to 35,000,000 shares for a maximum of JPY 130 billion. As of April 4, 2025, a total of 26,898,400 shares had been acquired for JPY 129,999,549,191 under this resolution.

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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