Nippon Denko updates on treasury share acquisition progress

Nippon Denko Co. announced the status of its treasury share acquisition, reporting the repurchase of 1,390,800 common shares between September 1 and September 30, 2025. These shares were acquired through open market repurchases on the Tokyo Stock Exchange at a total cost of JPY 469,578,085.

This acquisition is part of a larger program approved by the board of directors on August 5, 2025. The resolution authorized the acquisition of up to 20,000,000 common shares, representing 14.56% of total issued shares, with a maximum total acquisition cost of JPY 4,000,000,000.

This program is scheduled to run from August 6, 2025, to March 31, 2026, and allows for repurchases via both open market and the Tokyo Stock Exchange's off-auction trading system (ToSTNeT-3).

As of September 30, 2025, Nippon Denko has cumulatively acquired 11,466,600 shares under this resolution, totaling JPY 3,458,731,876.