Nitto Kohki to distribute shares off-floor to boost liquidity
Nitto Kohki Co., Ltd. announced an upcoming off-floor distribution of 596,700 shares, scheduled for Friday, November 21, 2025. The distribution price has been set at JPY 1,523 per share, which reflects a 2.99% discount from the November 20, 2025 closing price of JPY 1,570.
The company plans to sell these shares on the Tokyo Stock Exchange, with a maximum allocation of 10,000 shares per buyer, corresponding to a trading unit of 100 shares. This initiative aims to improve the distribution status and liquidity of Nitto Kohki's shares, ultimately increasing the free-float ratio.
The announcement was made by Akinobu Ogata, representative director, president, and CEO, with inquiries directed to Hiromi Noguchi, director, managing executive officer, and chief administration officer.
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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