Nitto Denko Corp. Buys Back 3,606,600 Shares for 10.9 billion
TOKYO, Jul 10 (Pulse News Wire) – Nitto Denko Corp. (6988.T) announced progress on its share repurchase program. The company acquired 3,606,600 shares for a total of ¥10,939,644,956 during the period
TOKYO, Jul 10 (Pulse News Wire) – Nitto Denko Corp. (6988.T) announced progress on its share repurchase program.
The company acquired 3,606,600 shares for a total of ¥10,939,644,956 during the period from June 1, 2026 to June 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 June 30, 2026.
The program is 47.2% complete with 9,446,500 shares acquired to date.
Share buyback
Shares
3.6M shares
Total cost
¥10.9B
Avg ¥3,033/share
Period
2026-06-01 to 2026-06-30
Progress vs authorization
3.6M shares of 20.0M shares (18.0%)
Source: TDNet filing