Nankai Electric Railway updates treasury share buyback status for November

Nankai Electric Railway announced the completion of its treasury share acquisition for November 2025. From November 1 to November 30, 2025, the company acquired 136,600 shares of its common stock for a total of JPY 391,780,300 through market purchases on the Tokyo Stock Exchange.

This acquisition is part of a larger repurchase program resolved by the board of directors on July 30, 2025. The program, which runs from July 31, 2025, to January 30, 2026, authorized the acquisition of up to 6,000,000 shares (5.29% of outstanding shares) with a maximum total purchase price of JPY 12,000,000,000.

As of November 30, 2025, the cumulative total of treasury shares purchased under this resolution stands at 4,348,900 shares, with a cumulative purchase price of JPY 10,271,905,580. The company utilizes both off-auction and discretionary trading agreements for its market purchases.