NGK Insulators Completes Share Repurchase; Plans Share Cancellation

TOKYO, May 01 (Pulse News Wire) – NGK Insulators,ltd. (5333.T) completed its share repurchase program on May 01, 2026, acquiring a total of 6,250,000 shares through off-market transactions via N-NET3.

The total cost of the acquired shares was ¥31.01 billion. This concludes the repurchase plan approved by the board of directors on April 30, 2026. According to the resolution, up to 6.50 million shares shares could be purchased, representing 2.3% of the outstanding shares excluding treasury stock. The upper limit for the total acquisition price was set at ¥33.00 billion.

Following the completion of the repurchase, the company plans to cancel the acquired shares. The number of shares to be cancelled is 6,250,000, reducing the total outstanding shares to 285,993,496. The cancellation is scheduled to take place on June 01, 2026. In addition, the board of directors also decided to cancel all the repurchased shares, which aligns with the initial decision made during their meeting on April 30, 2026.