NIPPON KAYAKU CO.,LTD. [4272.T]
TOKYO, May 12 (Pulse News Wire) – Nippon Kayaku CO.,LTD. (4272.T) announced today that its board of directors, held, approved a share buyback program aimed at enhancing shareholder returns and improving capital efficiency.
The company plans to repurchase up to 1,000,000 shares, representing approximately 2.5% of outstanding shares excluding treasury stock, for a total amount not exceeding ¥1.5 billion through open-market purchases on the Tokyo Stock Exchange from May 13, 2026, to March 31, 2027. As of March 31, 2026, NIPPON KAYAKU had 40,000,000 ordinary shares outstanding excluding treasury stock and held 1,000,000 treasury shares.
The decision aligns with the company's previously disclosed strategy outlined in its March 28, 2025, report titled “Measures Toward Realizing Management Conscious of Capital Costs and Share Price.”.
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