Nissin Foods completes first phase of share buyback program

Nissin Foods Holdings Co., Ltd. (TSE:2897) announced the completion of the first phase of its share buyback program, acquiring 1,489,400 common shares between June 1, 2025, and June 30, 2025. The total acquisition price for these shares amounted to JPY4,423,313,050, and the purchases were conducted on the Tokyo Stock Exchange. This buyback is part of a larger program, authorized under Article 165, Paragraph 2 of the Companies Act of Japan, aiming to acquire up to 9,500,000 shares for a maximum price of JPY20,000,000,000 between May 9, 2025, and November 28, 2025. As of June 30, 2025, the cumulative total of treasury stock acquired under the program stands at 2,944,500 shares, with a total acquisition cost of JPY8,985,254,950.