Buyback6988NITTO DENKO CORPORATION · TSE Prime
Nitto Denko Corp. Buys Back 2,466,000 Shares for 7.5 billion
TOKYO, Jun 10 (Pulse News Wire) – Nitto Denko Corp. (6988.T) announced progress on its share repurchase program.
The company acquired 2,466,000 shares for a total of ¥7,499,720,700 during the period from May 1, 2026 to May 31, 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 May 31, 2026.
The program is 29.2% complete with 5,839,900 shares acquired to date.
Share buyback
Shares
2.5M shares
Total cost
¥7.5B
Avg ¥3,041/share
Period
2026-05-01 to 2026-05-31
Progress vs authorization
2.5M shares of 20.0M shares (12.3%)
Source: TDNet filing
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