Rinnai completes share buyback, plans December cancellation

Rinnai Corporation has completed its share buyback program, acquiring a total of 2,761,800 shares for 9,999,713,000 yen, consistent with the board of directors' resolution from May 9, 2025. The final acquisitions in October amounted to 730,500 shares for 2,521,647,400 yen, followed by 36,400 shares for 124,597,700 yen in early November.

Following the buyback's completion, Rinnai will cancel 2,761,800 shares of common stock, representing 1.92% of the total shares issued and outstanding before the cancellation. This cancellation is scheduled for December 15, 2025. The original resolution had authorized the acquisition of up to 4,000,000 shares, or 10 billion yen, by November 28, 2025.