Nihon Kohden Executes Share Buyback Initiative

Nihon Kohden Corporation (JP:6849) has released an update.

Nihon Kohden Corporation has acquired 708,700 of its own shares, spending a total of 1.33 billion yen, as part of a buyback program announced by its Board of Directors on May 13, 2024. The acquisition occurred between August 5 and August 31, 2024, through market purchases on the Tokyo Stock Exchange. This buyback is part of a larger plan to acquire up to 6 million shares, representing 3.57% of the total issued shares, by March 31, 2025.

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