Nippon Denko finishes share repurchase program early

Nippon Denko Co., Ltd. announced on October 28, 2025, the completion of its treasury share acquisition program, originally resolved by the Board of Directors on August 5, 2025. The company acquired 1,568,100 shares of common stock at a total cost of JPY 541,246,483 through market purchases on the Tokyo Stock Exchange between October 1, 2025, and October 27, 2025.

This final acquisition brings the cumulative total of treasury shares purchased under the August 5, 2025, resolution to 13,034,700 shares, at a total cost of JPY 3,999,978,359. The program had authorized the repurchase of up to 20,000,000 shares, representing 14.56% of outstanding shares (excluding treasury shares), with a maximum expenditure of JPY 4,000,000,000, and was initially scheduled to run until March 31, 2026.