Source disclosure: February 27, 2026, 15:00 JST
Nittetsu Mining Co.,Ltd. [1515.T]
TOKYO, Feb 27 (Pulse News Wire) – Nittetsu Mining CO.,LTD. (1515.T) decided at its board meeting held on February 27 to repurchase up to 1,000,000 shares of its common stock, representing approximately 1% of the outstanding shares excluding treasury shares.
The repurchase will take place through open-market purchases on the Tokyo Stock Exchange from April 1, 2026, to January 29, 2027, with a total value cap of ¥10.00 billion. The company also resolved to cancel all repurchased shares on March 31, 2027, aiming to enhance capital efficiency and improve shareholder returns. As of December 31, 2025, the company held 5,000,000 treasury shares out of a total of 1,000,000,000 outstanding shares excluding treasury shares.
Additionally, Nittetsu Mining released information regarding a review of part of its Arkelos mine development project in Chile. The company stated it would continue to focus on long-term cash generation and asset sale plans while ensuring financial health and improving capital efficiency. Details are available on the company's website.
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