Nippon Yusen buys back 3m shares for 15.7bn yen

Nippon Yusen acquired 3,021,700 shares for 15.7 billion yen in July through the Tokyo Stock Exchange.

The purchases are part of a 150 billion yen buyback program approved in May, authorizing acquisition of up to 48 million shares representing 11.1% of outstanding stock. The program runs until April 2026, with 7.9 million shares purchased so far for 40.7 billion yen.