NOF Corporation (TSE:4403) announces a share repurchase program. Under the program, the company will repurchase up to 2,000,000 shares, representing 0.87% of its total shares outstanding excluding treasury shares, for a total of ¥5,000 million. The purpose of repurchase program is to further return profits to shareholders with Mid-Term Management Plan.
The repurchase program is valid till December 31, 2025. As of October 31, 2025, the company had 229,944,904 shares outstanding excluding treasury shares and had 6,579,224 shares in treasury.
NOF Corp is a Japan-based company mainly engaged in businesses related to functional chemicals, pharmaceuticals, medical care, health, and chemicals, and is also engaged in transportation and real estate businesses. It operates through three segments. The Functional Chemicals segment manufactures and sells fatty acids, fatty acid derivatives, surfactants, ethylene oxide and propylene oxide derivatives, petrochemicals, functional polymers, electronic materials, and special rust prevention treatment agents. The Pharmaceuticals, Medical Care, and Health segment manufactures and sells edible processed oils and fats, functional food ingredients, health-related products, biocompatible materials, drug delivery system (DDS) pharmaceutical ingredients. The Chemicals segment manufactures and sells industrial explosives, space-related products, defense-related products, and functional products. The Company is also engaged in transportation, real estate sales, and management businesses.
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