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NEC Reports Progress on Share Buyback Program

Story Highlights
  • NEC is a Japan-based ICT company providing IT and network solutions to enterprise, government, and telecom clients.
  • NEC repurchased 4.78 million shares for 18.77 billion yen under its ongoing buyback program, signaling active capital management.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
NEC Reports Progress on Share Buyback Program

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NEC ( (JP:6701) ) has shared an announcement.

NEC Corporation has repurchased 4,782,400 shares of its common stock on the Tokyo Stock Exchange between February 10 and February 28, 2026, at a total cost of about 18.77 billion yen. The buyback, conducted via discretionary trades, is part of a previously approved program allowing up to 6.8 million shares and 30 billion yen in repurchases through March 31, indicating ongoing capital management efforts and potential shareholder value considerations, though the company notes the full planned amount may not be executed depending on market conditions.

The most recent analyst rating on (JP:6701) stock is a Hold with a Yen4362.00 price target. To see the full list of analyst forecasts on NEC stock, see the JP:6701 Stock Forecast page.

More about NEC

NEC Corporation is a Japan-based information and communications technology company that provides IT solutions, network systems, and related services to enterprise, government, and telecom customers. Listed on the Tokyo Stock Exchange Prime Market under securities code 6701, it focuses on digital transformation, social infrastructure, and advanced communications technologies in domestic and global markets.

Average Trading Volume: 9,559,341

Technical Sentiment Signal: Buy

Current Market Cap: Yen5712.5B

For an in-depth examination of 6701 stock, go to TipRanks’ Overview page.

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