TOKYO, May 18 (Pulse News Wire) – NAC CO.,LTD. (9788.T) completed its share repurchase program on Thursday, buying back 1,455,000 shares at a price of ¥745.0 million.
The repurchase was conducted through the ToSTNeT-3 system of the Tokyo Stock Exchange. The company initiated the buyback on May 15 based on a resolution passed during a board meeting held on the same day. The purpose of the repurchase was to improve capital efficiency and enhance corporate value.
The total number of shares purchased did not exceed the previously announced limit of 1,600,000 shares, which represents 3.80% of the outstanding shares excluding treasury stock. The aggregate purchase amount also stayed within the set upper limit of ¥820 million. Following the completion of this transaction, NAC CO.,LTD.'s share repurchase program has concluded.
The company plans to explore optimal uses for the acquired shares, such as mergers and acquisitions (M&A), employee stock option programs (RS), or share cancellation, aimed at further enhancing corporate value.
Share buyback
Shares
1.5M shares
Total cost
n/a
Period
2026-05-18
Progress vs authorization
1.5M shares of 1.6M shares (90.9%)
Source: TDNet filing
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