Niterra : Notice Concerning the Status of Repurchase of Own Shares
November 02, 2023 at 12:51 am EDT
Share
Niterra Co., Ltd.
November 1, 2023
URL
https://www.ngkntk.co.jp/english
Stock listing
Tokyo Prime, Nagoya Premier
Code number
5334
Head office
1-1-1 Higashisakura, Higashi-ku, Nagoya, Aichi, 461-0005, Japan
Representative
Takeshi Kawai, President and COO
Notice Concerning the Status of Repurchase of Own Shares
（Repurchase of Own Shares in Accordance with the Articles of
Incorporation Pursuant to the Provisions of Article 459, Paragraph 1
of the Companies Act）
Niterra Co., Ltd. hereby announces the status of the repurchase of own shares, pursuant to the provisions of Article 459, Paragraph 1 of the Companies Act, as described below.
1.
Type of shares repurchased
Common Shares
2.
Total number of shares repurchased
860,000 shares
3.
Total price of repurchase
2,790,334,291 yen
4.
Repurchase period
From October 1, 2023 to October 31, 2023
(Commitment basis)
(Reference)
1. Details of resolution at the meeting of the Board of Directors held on July 31, 2023.
(1)
Type of Shares to be repurchased
Common Shares
(2)
Total number of shares to be
Up to 9,500,000 shares
repurchased
[Percentage to the total number of issued shares:
(excluding treasury shares) 4.7%]
(3)
Total price of repurchase
Up to 20,000,000,000 yen
(4)
Repurchase period
August 1, 2023 to July 31, 2024
2. Total number and price of own shares repurchased pursuant to the above resolution of the Board of Directors (as of October 31, 2023)
(1)
Total number of shares
2,375,300 shares
repurchased
(2)
Total price of repurchase
7,846,423,980 yen
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Disclaimer
NGK Spark Plug Co. Ltd. published this content on 01 November 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 November 2023 04:50:10 UTC.
Niterra Co Ltd is a Japan-based company mainly engaged in the manufacture and sale of automotive products, ceramic products, and products related to new businesses. The Company has three business segments. The Automobile-related segment is engaged in the manufacture and sale of parts that are mainly assembled into automobiles, such as spark plugs and exhaust gas sensors. The Ceramics segment manufactures and sells cutting tools, industrial equipment components, semiconductor manufacturing equipment components, semiconductor packages, and oxygen concentrators for medical use. The New Business segment is engaged in the manufacture and sale of products related to new businesses such as the environmental energy field. It also sells materials and provides welfare services.
NITERRA CO., LTD. 
