NIPPON CERAMIC CO.,LTD. [6929.T]
TOKYO, May 08 (Pulse News Wire) – Nippon Ceramic CO.,LTD. (6929.T) decided today to repurchase up to 1,489,000 shares of its common stock, representing up to 1.489% of outstanding shares excluding treasury stocks, for a total amount not exceeding ¥14.89 billion.
The buyback will take place through open-market purchases on the Tokyo Stock Exchange from May 11, 2026, to July 31, 2026. The decision was made during a board meeting held on May 08, 2026, based on the provisions of the Companies Act.
The purpose of the share repurchase includes enhancing capital efficiency metrics such as ROE, adapting to changes in the operating environment, and enriching returns to shareholders. As of April 30, 2026, the company had 6,526,696 treasury shares out of a total of 99,130,000 outstanding shares excluding treasury stocks.
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