Nitta Corporation completes treasury share tender offer
Nitta Corporation announced the completion of its tender offer for treasury shares, which ran from September 8, 2025, to October 7, 2025. The company acquired 400,000 common shares at a purchase price of JPY 3,650 per share, totaling JPY 1,460,000,000. This acquisition represents 1.37% of the total issued shares as of September 8, 2025.
The tender offer fulfills the resolution made by the Board of Directors on September 5, 2025, to acquire treasury shares. The maximum number of shares initially resolved for acquisition was 440,100, equivalent to 1.50% of outstanding shares, with a maximum acquisition cost of JPY 1,606,365,000.
Settlement for the acquired shares will commence on November 4, 2025, with cash payments remitted to tendering shareholders after deducting applicable withholding taxes. This concludes the company's planned share repurchase program.
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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