Nippon Ceramic completes share buyback program

Nippon Ceramic today announced the completion of its share repurchase program, authorized under Article 165, Paragraph 2 of the Companies Act. Between April 1, 2025, and April 8, 2025, the company acquired a total of 192,700 of its own shares via market purchases on the Tokyo Stock Exchange, for a total purchase price of JPY496,839,600. This concludes the buyback program approved by the board on February 7, 2025, which authorized the repurchase of up to 700,000 shares, representing 3.18% of outstanding shares (excluding treasury stock), for a maximum total consideration of JPY1,500,000,000. Cumulatively, the company has repurchased 556,200 shares for JPY1,499,826,600 under this resolution.