Nitto Denko Buys Back 3,373,900 Shares for 11.0 billion
TOKYO, May 12 (Pulse News Wire) – Nitto Denko Corporation (6988.T) announced progress on its share repurchase program. The company acquired 3,373,900 shares for a total of ¥10,999,954,800 during the p
TOKYO, May 12 (Pulse News Wire) – Nitto Denko Corporation (6988.T) announced progress on its share repurchase program. The company acquired 3,373,900 shares for a total of ¥10,999,954,800 during the period from April 8, 2026 to April 30, 2026 through open market purchases.
The board authorized the repurchase of up to 20,000,000 shares with a maximum expenditure of ¥50,000,000,000, valid through April 30, 2026. The program is 16.9% complete with 3,373,900 shares acquired to date.
Share buyback
Shares
3.4M shares
Total cost
¥11.0B
Avg ¥3,260/share
Period
2026-04-08 to 2026-04-30
Progress vs authorization
3.4M shares of 20.0M shares (16.9%)
Source: TDNet filing