Nippon Express Holdings,Inc. (TSE:9147) announces a share repurchase program. Under the program, the company will repurchase 17,000,000 shares, representing 7% of its share capital, for ¥50,000 million. The company will repurchase its shares in order to return profits to shareholders and improve capital efficiency.
The company plans to cancel all of the shares acquired. The program will run until November 30, 2026. As of April 30, 2026, the company had 242,875,354 shares outstanding (excluding treasury shares) and 124,646 shares in treasury.
Nippon Express Holdings Inc. specializes in freight transportation and logistics services. The group provides transport by land, air, rail and sea of products, materials, components, equipment, etc. on behalf of companies and organizations. At the same time, Nippon Express Holdings Inc. offers warehousing and supply chain management solutions. The group's activities are essentially organized around 3 areas:
- logistics services;
- cash and precious goods transportation services; and
- heavy equipment transportation services.
Net sales are distributed geographically as follows: Japan (59.2%), Asia and Oceania (18.3%), America (14.6%) and Europe (7.9%).
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