Nippon Parking Development completes treasury share acquisition

Nippon Parking Development announced the completion of its treasury share acquisition program, which commenced on July 17, 2025, and concluded on September 30, 2025. The company acquired 3,479,000 shares of common stock at a total cost of 999,971,670 yen. These shares were purchased on the Tokyo Stock Exchange through discretionary trading by a securities company.

This acquisition represents 86.98% of the maximum authorized number of shares and 100.00% of the maximum authorized acquisition cost, as set forth in the extraordinary board resolution of June 27, 2025. The resolution had authorized the acquisition of up to 4,000,000 shares (1.25% of issued shares excluding treasury shares) or a maximum of 1,000,000,000 yen.