Nankai Electric Railway updates treasury share buyback progress

Nankai Electric Railway Co., Ltd. announced treasury share purchases for common stock between September 1 and September 30, 2025. During this period, the company acquired 269,300 shares for a total purchase price of 733,519,446 yen through market purchases on the Tokyo Stock Exchange.

These purchases are part of a larger buyback program approved by the board of directors on July 30, 2025. The resolution authorized the purchase of up to 6,000,000 shares, representing 5.29% of issued shares (excluding treasury shares), with a maximum total purchase price of 12,000,000,000 yen. The period for these repurchases extends from July 31, 2025, to January 30, 2026.

As of September 30, 2025, the cumulative total of treasury shares purchased under this resolution amounts to 3,824,600 shares, with a total purchase price of 8,803,140,190 yen.