NOF Corporation announces treasury share buyback and dividend increase

NOF Corporation (TSE: 4403) announced a significant treasury share purchase program and a revised year-end dividend, reflecting its commitment to shareholder returns. The company plans to acquire up to 5,000,000 of its own shares, representing 2.14% of outstanding shares (excluding treasury shares), for a maximum total purchase price of JPY 10,000,000,000. The buyback period will run from May 12, 2025, through September 30, 2025, and the shares will be purchased on the Tokyo Stock Exchange.