Nippon Yusen Completes Significant Share Buyback

Nippon Yusen Kabushiki Kaisha (JP:9101) has released an update.

Nippon Yusen Kabushiki Kaisha has successfully acquired 2,256,700 of its own common stock shares, amounting to a total value of JPY 10.8 billion, within the acquisition period from June 1, 2024, to June 30, 2024. The buyback is part of a larger program approved by the Board of Directors, targeting a maximum of 35 million shares, representing 7.6% of the total shares, with an overall budget of JPY 100 billion by April 2025.

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