Nissan Chemical completes share repurchase program

Nissan Chemical Corporation (TSE:4021) announced the completion of its share repurchase program, initiated under Article 165, Paragraph 3 of the Companies Act. The company repurchased a total of 695,400 of its own shares, accumulating to JPY 2,999,651,900. The final tranche of the repurchase, executed through market purchases on the Tokyo Stock Exchange, involved 365,400 shares at a total cost of JPY 1,498,882,100 between April 1, 2025, and April 17, 2025. The initial resolution on March 6, 2025, authorized the repurchase of up to 750,000 shares, representing 0.55% of outstanding shares (excluding treasury shares), with a maximum expenditure of JPY 3,000,000,000 between March 7, 2025, and April 30, 2025. With the recent buyback, Nissan Chemical has fully executed the board's mandate.