NOF Corporation completes share buyback, advances shareholder returns plan

NOF Corporation announced on November 7, 2025, the successful completion of an off-auction own share repurchase (ToSTNeT-3) transaction. The company acquired 878,000 common shares for a total purchase price of 2,433,377,000 yen.

This buyback reflects NOF Corporation's commitment to stable shareholder returns, a key objective outlined in its "NOF VISION 2030 Stage II" mid-term management plan (FY2023-FY2025), which aims for a total payout ratio of approximately 50% by the final fiscal year of the plan.

This execution follows the board of directors' resolution on November 6, 2025, which authorized the acquisition of up to 2,000,000 common shares (0.87% of outstanding shares, excluding treasury shares) at a maximum total price of 5,000,000,000 yen. The repurchase period was set from November 7, 2025, through December 31, 2025, allowing for both open-market purchases and off-auction transactions on the Tokyo Stock Exchange.