Source disclosure: February 09, 2026
NEC Corporation [6701.T]
TOKYO, Feb 09 (Pulse News Wire) – NEC Corporation (6701.T) announced today that its board of directors has approved a share repurchase program based on Article 459, Paragraph 1 of the Companies Act and the company's articles of incorporation. The decision was made to improve capital allocation and enhance corporate value through strategic investments in growth areas while returning benefits to shareholders via stable dividends.
Under the plan, up to ¥680 million ordinary shares will be purchased, representing approximately 0.51% percent of outstanding shares excluding treasury stock. The total amount allocated for the repurchase is capped at ¥30.00 billion. The repurchase will take place through open-market purchases conducted according to agreements with the Tokyo Stock Exchange during the period from February 10, 2026 to March 31, 2026.
NEC stated that the timing and extent of the repurchase could vary depending on market conditions. As of January 31, 2026, the company held ¥28,950.026 billion treasury shares out of a total of ¥1,364,249.315 billion issued shares. In addition, NEC noted that future performance forecasts and plans outlined in this release are subject to various risks and uncertainties, including product quality issues, cybersecurity threats, talent acquisition challenges, regulatory violations, economic fluctuations, and geopolitical factors.
The company emphasized that these projections are based on current information and assumptions and should not be considered guarantees of future outcomes.
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