Source disclosure: March 06, 2026, 15:30 JST
Published by Pulse News Wire: March 06, 2026, 17:03 JST
NIPPON PARKING DEVELOPMENT Co.,Ltd. [2353.T]
TOKYO, Mar 06 (Pulse News Wire) – Nippon Parking Development CO.,LTD. (2353.T) announced today that its board of directors, held on March 06, 2026, approved a share repurchase program aimed at enhancing capital efficiency and shareholder returns.
The company plans to repurchase up to 6,000,000 ordinary shares, representing approximately 1.89% of its outstanding shares excluding treasury stock, with a total value limit of ¥1.5 billion. The repurchase will take place through open-market purchases on the Tokyo Stock Exchange from March 23, 2026, to May 31, 2026, utilizing a securities firm's discretionary trading method.
As of February 28, 2026, the company had 30,625,584 treasury shares out of a total outstanding share count of 317,773,016 shares excluding treasury stock.
AI-translated content. 🟢 Confidence: High See terms • Original filing