NOF Corporation (TSE:4403) announces a share repurchase program. Under the program, the company will repurchase up to 1,500,000 shares, representing 0.63% of its total shares outstanding excluding treasury shares, for a total of ¥2,000 million. The purpose of repurchase program is to maintain stable return of profits to shareholders.

The repurchase program is valid till June 28, 2024. As of April 30, 2024, the company had 239,071,562 shares outstanding excluding treasury shares and had 3,452,566 shares in treasury.