Rinnai continues share buyback, acquires 389,100 shares in August

Rinnai Corporation, trading on the Tokyo Stock Exchange and Nagoya Stock Exchange, disclosed its share buyback status for August 2025. In accordance with a resolution from its board of directors meeting on May 9, 2025, the company acquired 389,100 shares of its common stock. The total value of these acquisitions amounted to 1,496,601,000 yen during the period from August 1 to August 31, 2025.

This recent acquisition contributes to the cumulative buyback program approved by the board of directors. The original resolution authorized the repurchase of up to 4,000,000 shares, representing 2.84% of total shares issued (excluding treasury stock), with a maximum total value of 10 billion yen. The acquisition period for the overall program is set from May 12, 2025, to November 28, 2025.

As of August 31, 2025, Rinnai Corporation has cumulatively acquired 1,665,100 shares, totaling 6,134,560,000 yen under the current board resolution. The program reflects the company's ongoing efforts to manage its capital structure through strategic share repurchases.