Nippon Avionics completes share tender offer, acquires 3.92% of outstanding stock

Nippon Avionics Corporation announced on September 2, 2025, the successful completion of its tender offer for own shares, which ran from August 4, 2025, to September 1, 2025. The company acquired 603,500 shares of common stock at a price of 3,314 yen per share, resulting in a total acquisition cost of 1,999,999,000 yen. This buyback was executed through a tender offer method, as resolved at a Board of Directors meeting on August 1, 2025.

The acquisition represents 3.92% of the company's total outstanding shares, excluding treasury shares, as of June 30, 2025. This completion also marks the termination of the company's self-share acquisition program based on the resolution made at the August 1, 2025, Board of Directors meeting. The initial resolution had set an upper limit of 603,600 shares and a maximum acquisition value of 2,000,330,400 yen.