NITTO DENKO CORPORATION [6988.T]
TOKYO, Mar 30 (Pulse News Wire) – Nitto Denko Corporation (6988.T) announced today that its board of directors had resolved to repurchase up to 1,000,000 shares of its common stock, representing approximately 0.12% of the outstanding shares excluding treasury shares. The total amount for the share repurchase is capped at ¥10 billion.
This decision is part of the company's flexible capital policy to respond to changes in the operating environment and as part of its comprehensive shareholder return strategy. The repurchase program will run from April 8, 2026, to August 31, 2026.
As of March 30, 2026, Nitto Denko held 4,999,950 treasury shares out of a total of 835,275,000 outstanding shares excluding treasury shares.
🟢 Confidence: High AI-translated content.