Nomura Research Institute, Ltd. [4307.T]
TOKYO, Apr 24 (Pulse News Wire) – Nomura Research Institute,ltd. (4307.T) announced today that its board of directors resolved to repurchase up to 1.5 million shares of its common stock, representing approximately 1.0% of outstanding shares excluding treasury shares.
The decision was made based on the company's financial strategy for fiscal years 2026 through 2028, aiming to enhance capital efficiency and bolster shareholder returns by achieving a targeted ROE level. The share buyback program will commence on May 15, 2026, and conclude on August 31, 2026, conducted through open-market purchases on the Tokyo Stock Exchange. However, purchases will not take place during the ten trading days immediately following each quarterly earnings release.
The total amount allocated for the buyback is capped at ¥15 billion. As of March 31, 2026, the company held 1,489,000 treasury shares out of a total of 148,900,000 ordinary shares outstanding. The repurchase initiative follows the recognition of impairment losses in the fiscal year ending March 2026, which did not impact the company’s cash flow but underscores the ongoing commitment to long-term enterprise value maximization through prudent capital management strategies.
🟢 Confidence: High AI-translated content.