Nippon TV completes initial phase of share buyback program
Nippon Television Holdings, Inc. announced the successful execution of an off-auction treasury share repurchase on November 7, 2025. The company acquired 2,055,300 common shares for a total cost of 7,900,573,200 yen, averaging 3,844 yen per share. This aims to enhance shareholder returns and improve capital efficiency.
This acquisition follows the board of directors' resolution on November 6, 2025, which approved a plan to repurchase up to 3,300,000 common shares for a maximum of 10,000,000,000 yen. The acquisition period for the program spans from November 7, 2025, to December 30, 2025.
The buyback strategy includes both off-auction repurchases via ToSTNeT-3 and market purchases on the Tokyo Stock Exchange. The current acquisition represents a substantial initial step in the broader share repurchase initiative.
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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