Nichiha to Buy Back Up to 760,000 Shares

TOKYO, Jul 31 (Pulse News Wire) – Nichiha Corporation (7943.NG) announced that its board of directors, meeting on July 31, approved a share buyback program based on Article 165 of the Companies Act. The company plans to repurchase up to 760,000 shares through the ToSTNeT-3 system on August 3, 2026, at 8:45 AM.

This move aims to enhance shareholder returns and improve capital efficiency while allowing for flexible capital management strategies in response to changing business environments. The total value of the buyback is capped at ¥2.348 billion.

The number of shares to be bought back represents 2.29% of the outstanding shares excluding treasury stock. The results of the buyback will be disclosed immediately following the trading session on August 3, 2026, at 8:45 AM.

As of June 30, 2026, the company had 1,260,573 treasury shares out of a total of 33,226,591 outstanding shares excluding treasury stock.