FilingReader Intelligence

Nippon Yusen updates on latest share repurchase activity

September 1, 2025 at 03:09 AM UTCBy FilingReader AI

Nippon Yusen Kabushiki Kaisha announced on September 1, 2025, the status of its common stock acquisition for the period of August 1 to August 31, 2025. During this time, the company acquired 1,768,200 shares at a total cost of JPY 9,261,467,200. These shares were purchased on the open market via a discretionary trading contract on the Tokyo Stock Exchange.

This recent acquisition is part of a larger share repurchase program approved by the Board of Directors on May 8, 2025. The resolution authorized the acquisition of up to 48,000,000 common shares, representing 11.1% of total shares issued and outstanding (excluding treasury stock), with a maximum total value of JPY 150 billion. The acquisition period for this broader program extends from May 9, 2025, to April 30, 2026.

As of August 31, 2025, the cumulative total of shares acquired under this resolution stands at 9,689,400 shares, with a total value of JPY 49,999,759,500. The company noted that the full amount of shares might not be acquired depending on market conditions.

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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