Nitto Denko Corporation (TSE:6988) announces a share repurchase program. Under the program, the company will repurchase up to 3,000,000 shares, representing 2.1% of the outstanding shares for ¥30,000 million. The purpose of the program is to implement a flexible capital policy in response to changes in the business environment and a comprehensive shareholder return policy.

The program will run until May 31, 2024. As of December 31, 2023, the company had 142,551,553 shares outstanding and 1,000,182 shares in treasury.