NOF Nears 5 Billion Yen Limit in Completed Share Buyback Program

NOF ( (JP:4403) ) just unveiled an update.

NOF Corporation has completed a share buyback program authorized by its board in February 2026, purchasing a total of 1,680,600 common shares for 4,999,844,500 yen on the Tokyo Stock Exchange. Within this, the latest tranche ran from March 1 to March 23, 2026, during which the company acquired 999,000 shares for 2,954,880,600 yen, effectively reaching the near-maximum financial limit set for the program.

The buyback, executed via open-market purchases, represents approximately 0.79% of outstanding shares excluding treasury stock, signaling management’s focus on capital efficiency and shareholder returns. By almost fully deploying the 5 billion yen budget, NOF underscores confidence in its valuation and provides potential support to its share price, which may be viewed positively by existing shareholders and market participants.

The most recent analyst rating on (JP:4403) stock is a Buy with a Yen3328.00 price target. To see the full list of analyst forecasts on NOF stock, see the JP:4403 Stock Forecast page.

More about NOF

NOF Corporation is a Japanese chemicals manufacturer listed on the Tokyo Stock Exchange Prime Market under securities code 4403. The company is involved in producing and supplying a range of chemical products, serving industrial customers in Japan and potentially broader global markets.

Average Trading Volume: 778,700

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen716.3B

See more data about 4403 stock on TipRanks’ Stock Analysis page.