FilingReader Intelligence

Nichiha makes significant progress in share buyback program

September 8, 2025 at 12:03 PM UTCBy FilingReader AI

Nichiha Corporation announced its August 2025 own share acquisition status, repurchasing 87,400 common shares for JPY 263,393,700 between August 1 and August 31, 2025, via market purchases on the Tokyo Stock Exchange. This is part of a larger share buyback program approved by the board of directors on May 13, 2025.

The program aims to acquire up to 1 million common shares (2.94% of total issued shares, excluding treasury shares) for a maximum of JPY 2.5 billion, with an acquisition period running from May 14, 2025, to November 10, 2025. This initiative aligns with the company's First Medium-Term Management Plan to enhance shareholder returns and capital efficiency, while maintaining flexible capital policies.

As of August 31, 2025, Nichiha has cumulatively acquired 651,600 shares under this resolution, totaling JPY 1,978,711,700. The ongoing buyback underscores the company's strategy to optimize capital structure and respond to evolving business environments.

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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