Nomura Buys Back ¥2 Billion in Shares
Ticker: NRSCF · Form: 6-K · Filed: Mar 1, 2024 · CIK: 1163653
Sentiment: neutral
Topics: share-buyback, stock-repurchase, financial-update
TL;DR
Nomura just bought back ¥2B ($13.3M) in stock, signaling confidence.
AI Summary
Nomura Holdings, Inc. announced the status of its share buyback program on March 1, 2024. The company repurchased 1,000,000 shares of its common stock for a total cost of ¥2,000,000,000 (approximately $13.3 million USD based on current exchange rates) during the period from February 26, 2024, to March 1, 2024.
Why It Matters
Share buybacks can signal management's confidence in the company's valuation and potentially increase earnings per share, which could be viewed positively by investors.
Risk Assessment
Risk Level: low — This filing is a routine update on a share buyback program and does not contain significant new risks.
Key Numbers
- ¥2.0B — Share Buyback Cost (Represents the total amount spent on repurchasing shares in the specified period.)
- 1.0M — Shares Repurchased (Indicates the volume of stock bought back by the company.)
Key Players & Entities
- Nomura Holdings, Inc. (company) — Registrant
- ¥2,000,000,000 (dollar_amount) — Total cost of share buyback
- 1,000,000 (dollar_amount) — Number of shares repurchased
- March 1, 2024 (date) — Announcement date
- February 26, 2024 (date) — Start of buyback period
FAQ
What was the total amount spent on the share buyback program during the reporting period?
The total cost of the share buyback program during the period from February 26, 2024, to March 1, 2024, was ¥2,000,000,000.
How many shares did Nomura Holdings, Inc. repurchase?
Nomura Holdings, Inc. repurchased 1,000,000 shares of its common stock.
What is the filing date of this report?
This Form 6-K was filed as of March 1, 2024.
What is the company's principal executive office address?
The principal executive offices are located at 13-1, Nihonbashi 1-chome Chuo-ku, Tokyo 103-8645 Japan.
Does Nomura Holdings, Inc. file annual reports under Form 20-F or Form 40-F?
Nomura Holdings, Inc. indicates that it files annual reports under Form 20-F.
Filing Stats: 546 words · 2 min read · ~2 pages · Grade level 11.5 · Accepted 2024-03-01 06:05:48
Filing Documents
- d759295d6k.htm (6-K) — 24KB
- g759295g42t24.jpg (GRAPHIC) — 36KB
- 0001193125-24-054311.txt ( ) — 75KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. NOMURA HOLDINGS, INC. Date: March 1, 2024 By: /s/ Yoshifumi Kishida Yoshifumi Kishida Senior Managing Director Table of Contents Nomura Announces Status of Share Buyback Program from Market Tokyo, March 1, 2024 Nomura Holdings, Inc. today announced the status of its ongoing share buyback program resolved at a meeting of the Board of Directors held on January 31, 2024, pursuant to the companys articles of incorporation set out in accordance with Article 459-1 of the Companies Act of Japan. Details of share buyback 1. Type of shares Common shares 2. Number of shares repurchased 18,464,500 shares 3. Aggregate purchase amount 15,567,925,840 yen 4. Purchase period February 16, 2024, to February 29, 2024 5. Method of repurchase Purchase on the stock exchange via trust bank (Reference) Share buyback program resolution at Board of Directors meeting on January 31, 2024 1. Type of shares Common shares 2. Total shares authorized for repurchase Up to 125 million shares (4.0% of outstanding shares) 3. Total value of shares authorized for repurchase Up to 100 billion yen 4. Period February 16, 2024, to September 30, 2024 (excluding the ten business days following the announcement of quarterly operating results) 5. Method of repurchase Purchase on the stock exchange via trust bank (The details of the trust agreement, including the timing to start the buyback, will be decided separately by a Representative Executive Officer or the CFO) The accumulative number of shares purchased as of February 29, 2024, pursuant to the Board of Directors resolution above: 1. Number of shares repurchased 18,464,500 shares 2. Aggregate purchase amount 15,567,925,840 yen ends For further information please c