Nof Corporation announces up to 2m share buyback program

Nof Corporation announced its resolution to repurchase up to 1,000,000 of its common shares through an off-auction own share repurchase trading (ToSTNeT-3) on November 7, 2025. The purchase will be executed at the closing price of JPY 2,771.5 from November 6, 2025, with results to be announced after 8:45 a.m. JST on the transaction day.

The company's board of directors approved the acquisition of a total of up to 2,000,000 common shares, representing 0.87% of outstanding shares (excluding treasury shares), with a maximum total purchase price of JPY 5,000,000,000. This larger repurchase program extends from November 7, 2025, to December 31, 2025.

The acquisition methods for the total program include both open-market purchases on the Tokyo Stock Exchange and purchases through off-auction own share repurchase trading (ToSTNeT-3). The initial ToSTNeT-3 transaction on November 7, 2025, will not change the number of shares targeted, though the actual acquisition may vary depending on market conditions.