Nippon Electric Glass completes share repurchase program

Nippon Electric Glass Co., Ltd. (TSE:5214) announced on September 16, 2025, the completion of its share repurchase program, which commenced on September 1, 2025. The company repurchased 331,400 common shares for a total of JPY 1,567,180,200 through open market purchases on the Tokyo Stock Exchange.

This concluded program was part of a larger share repurchase resolution approved by the Board of Directors on February 5, 2025. The full resolution permitted the repurchase of up to 7 million shares, representing 8.67% of outstanding shares (excluding treasury stock), for a maximum of JPY 20 billion. The overall repurchase period for this larger resolution was set from February 6, 2025, to December 23, 2025.

Cumulatively, based on the February 5, 2025 resolution, Nippon Electric Glass has repurchased a total of 5,497,700 shares for JPY 19,999,928,000, effectively exhausting the authorized repurchase amount.