TOKYO, May 08 (Pulse News Wire) – NH Foods Ltd. (2282.T) announced today that its board of directors has approved a share repurchase plan based on provisions outlined in Article 459, Paragraph 1, Item 1 of the Companies Act.
The decision was made to enhance shareholder returns and optimize capital structure. Under the plan, NH Foods intends to repurchase up to 7,000,000 shares (representing 7.4% of outstanding shares excluding treasury stock). The total amount for the repurchase will not exceed ¥40.00 billion.
The repurchase period will run from May 08, 2026, to March 31, 2027, through open-market purchases facilitated by a trading mandate agreement with the Tokyo Stock Exchange. As part of the strategy, the company plans to adjust the number of shares eligible for repurchase post-split. Following the scheduled 1-for-3 stock split effective October 01, 2026, the upper limit for repurchasable shares will be readjusted to 21,000,000.
At the end of April 30, 2026, NH Foods held 111,622 treasury shares, which includes 98,617 shares held by the executive compensation trust fund.
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