TSE:8604Capital Markets
What Nomura Holdings (TSE:8604)'s ¥60 Billion Buyback and Stock Compensation Plan Means For Shareholders
Nomura Holdings, Inc. recently approved a share repurchase program of up to 100,000,000 shares, or 3.41% of its free float, for ¥60,000 million by September 30, 2026, alongside releasing mixed third-quarter and nine-month earnings to December 31, 2025.
An interesting aspect is that the repurchased shares are intended not only to lift capital efficiency but also to fund future stock compensation, linking capital returns directly with employee incentives.
Against this backdrop, we’ll examine...