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Nishi-Nippon Railroad to repurchase shares via ToSTNeT-3

June 19, 2025 at 12:01 PM UTCBy FilingReader AI

Nishi-Nippon Railroad Co., Ltd. announced today it will repurchase up to 2 million of its own common shares, representing 2.57% of outstanding shares (excluding treasury stock), through the ToSTNeT-3 system. The repurchase is scheduled for June 20, 2025, at 8:45 a.m., using today’s closing price of JPY 2,014 per share. This action is part of a broader plan, initially announced on May 9, 2025, to repurchase up to JPY 5.3 billion worth of shares by November 28, 2025. Following the ToSTNeT-3 transaction, the company intends to continue purchasing shares on the open market, within the limits of the previously approved plan.

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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