TOKYO, Jun 01 (Pulse News Wire) – NichiAs Corporation (5393.T) reported today that it did not repurchase any shares during May 2026. Despite having approved a share buyback program on May 11, 2026, which allowed for up to 1,489,000 ordinary shares (representing 2.00% of outstanding shares excluding treasury stock) at a total value of up to ¥14.89 billion, the company executed no transactions within the designated period from May 12, 2026, to May 31, 2026.
The board resolution also stipulated that the buybacks would occur through open-market purchases on the Tokyo Stock Exchange. As of May 31, 2026, the cumulative number of shares repurchased remained at zero, with a total acquisition cost of ¥0.
This marks the absence of any share repurchasing activity by NichiAs Corporation in May, despite the availability of funds and authorization for such actions.
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