NEC Corporation (TSE:6701) announces a share repurchase program. Under the program, the company will repurchase up to 6,800,000 shares, representing 0.51% of its issued share capital (excluding treasury stock), for a total purchase price of ¥30,000 million. The purpose of the program is return profits to shareholders, to enhance shareholder value and to improve company's financial condition.
The program will continue through March 31, 2026. As of January 31, 2026, the company had 1,335,299,289 issued shares (excluding treasury stock) and 18,324 treasury shares.
