NOF Corporation (TSE:4403) announces a share repurchase program. Under the program, the company will repurchase up to 600,000 shares, representing 0.75% of its issued share capital, for ¥3,000 million. The purpose of the program is to enhance shareholder returns and improve capital efficiency.

The program will run until January 31, 2024. As of October 31, 2023, the company had 80,425,532 issued shares (excluding treasury stock) and 2,415,844 shares in treasury.