TOKYO, May 28 (Pulse News Wire) – Nihon Plast CO.,LTD. (7291.T) announced today that it completed its share repurchase program aimed at mitigating the impact on supply-demand dynamics and reducing the effect on existing shareholders.
The buyback was executed through the Tokyo Stock Exchange's TO-STNET-3 system on May 28, acquiring a total of 77,500 shares valued at ¥36.0 million. This repurchase follows a resolution made during the board meeting held on May 27, 2026. The decision was taken in response to notifications from shareholders expressing their intention to sell their holdings, which could have had a short-term impact on stock supply and demand.
Additionally, the move enables more flexible capital policy adjustments in response to changing business environments. The company also disclosed that the total number of shares intended for repurchase was 77,500 shares, representing 0.40% of the outstanding shares excluding treasury stocks. The aggregate value of the shares to be acquired was ¥36.0 million.
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