Nippon Kayaku completes treasury stock acquisition program
Nippon Kayaku has completed its acquisition of treasury stock, purchasing 1,742,900 common shares for a total cost of JPY2,269,019,050 between May 1, 2025, and May 31, 2025. This acquisition was conducted through open market transactions on the Tokyo Stock Exchange, as part of a broader resolution approved on March 28, 2025, to acquire up to 14 million shares, representing 8.76% of total issued shares, excluding treasury stock, for up to JPY17.0 billion by March 31, 2026. Cumulatively, the company has acquired 2,506,200 shares for a total value of JPY3,281,293,950 based on the aforementioned resolution. The company initiated this program to return value to its shareholders and enhance its financial position.
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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