TSE:6988Chemicals
Nitto Denko’s New ¥50 Billion Buyback Plan Might Change The Case For Investing In Nitto Denko (TSE:6988)
Nitto Denko Corporation has approved a share repurchase program announced on March 30, 2026, authorizing the buyback of up to 20,000,000 shares, or 2.97% of outstanding stock, for up to ¥50,000 million by August 31, 2026, as part of its shareholder return policy following changes in the business environment.
Alongside this, the board met on March 30, 2026, to consider reducing legal capital surplus, signaling an effort to increase financial flexibility for future capital allocation to...