Nikon : Notice Regarding the Status of Repurchase of Shares of Common Stock
August 01, 2022 at 02:14 am EDT
Share
August 1, 2022
Notice Regarding the Status of Repurchase of Shares of Common Stock
(Repurchase of Shares Pursuant to the Provision of Articles of Incorporation
under Article 165, Paragraph 2 of the Companies Act of Japan)
NIKON CORPORATION (hereinafter "the Company") has repurchased its own shares as follow, pursuant to Article 156 of the Companies Act of Japan as applicable through Article 165, Paragraph 3, in accordance with the written resolution of the Board of Directors established on April 7, 2022.
(1)
Type of stock repurchased:
Common Stock
(2)
Total number of shares repurchased:
1,694,400 shares
(3)
Total amount of shares repurchased:
2,521,903,500 yen
(4)
Period of repurchase:
July 1, 2022 to July 31, 2022
(5)
Method of repurchase:
Open market purchase through the Tokyo Stock
Exchange based on a discretionary trading contract
(Reference)
1. Details of the written resolution of the Board of Directors established on April 7, 2022
(1)
Type of stock to be repurchased:
Common Stock
(2)
Total number of shares to be repurchased:
Up to 36 million shares
(Equivalent to 9.8% of outstanding shares, excluding treasury
stock)
(3)
Total repurchase amount:
Up to 30 billion yen
(4)
Repurchase period:
From May 13, 2022 to March 24, 2023
2. Total number and amount of shares repurchased until July 31, 2022, pursuant to the written resolution of the Board of Directors mentioned above
(1)
Total number of shares repurchased:
4,591,900 shares
(2)
Total amount of shares repurchased:
7,135,160,200 yen
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Nikon Corporation published this content on 01 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 August 2022 06:13:24 UTC.
Nikon Corporation specializes in the design, manufacturing and marketing of photographic and optic equipments. Net sales break down by family of products as follows:
- precision industrial equipments (39.1%): scanners, LCD steppers, lithography systems, etc.;
- imaging equipments (33%): especially cameras and camcorders;
- diagnostic instruments, microscopes and retinal imaging devices (13.6%);
- optical components (7.6%);
- other (6.7%): industrial measuring instruments, ophthalmic lenses, binoculars, telescopes, magnifiers, etc.
Net sales break down geographically as follows: Japan (18.2%), China (28.4%), the United States (24%), Europe (13.4%) and other (16%).
NIKON CORPORATION 
