Nissui concludes treasury stock tender offer, acquires 7.86m shares
Nippon Suisan Kaisha (Nissui) announced the conclusion of its previously announced tender offer for its own shares. The company acquired 7,864,875 shares of common stock at a price of JPY 772 per share, for a total acquisition cost of JPY 6,071,683,500. The tender offer, which ran from May 15, 2025, to June 11, 2025, was conducted in accordance with Article 165, Paragraph 3 of the Companies Act. With the completion of this tender offer, the company has concluded its planned acquisition of treasury stock as resolved by the Board of Directors on May 14, 2025. The initial plan authorized the purchase of up to 11,000,100 shares at a maximum aggregate value of JPY 8,492,077,200 between May 15 and July 31, 2025.
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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