Nomura Completes ¥10 Billion Share Buyback
Ticker: NRSCF · Form: 6-K · Filed: Jun 6, 2024 · CIK: 1163653
| Field | Detail |
|---|---|
| Company | Nomura Holdings INC (NRSCF) |
| Form Type | 6-K |
| Filed Date | Jun 6, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: share-buyback, stock-repurchase, financial-results
TL;DR
Nomura just bought back ¥10B in stock. Bullish.
AI Summary
Nomura Holdings, Inc. announced the results of its share buyback program on June 6, 2024. The company repurchased 12,000,000 shares of its common stock on the Tokyo Stock Exchange for a total cost of ¥10,000,000,000 (approximately $63.7 million USD). This buyback was conducted under a previously authorized program.
Why It Matters
Share buybacks can signal management's confidence in the company's valuation and potentially increase earnings per share, which may be viewed positively by investors.
Risk Assessment
Risk Level: low — This filing is a routine report on a completed share buyback program and does not introduce new risks.
Key Numbers
- ¥10 billion — Share Buyback Cost (Total amount spent by Nomura on repurchasing its own shares.)
- 12 million — Shares Repurchased (The quantity of Nomura's stock bought back from the market.)
Key Players & Entities
- Nomura Holdings, Inc. (company) — Registrant
- Tokyo Stock Exchange (company) — Exchange where buyback occurred
- 12,000,000 (dollar_amount) — Number of shares repurchased
- ¥10,000,000,000 (dollar_amount) — Total cost of share buyback
FAQ
What was the total number of shares repurchased by Nomura Holdings, Inc.?
Nomura Holdings, Inc. repurchased 12,000,000 shares of its common stock.
What was the total cost of the share buyback program?
The total cost of the share buyback program was ¥10,000,000,000.
On which stock exchange did Nomura conduct its share buyback?
The share buyback was conducted on the Tokyo Stock Exchange.
What is the filing date of this Form 6-K?
This Form 6-K was filed on June 6, 2024.
Under which rule is Nomura Holdings, Inc. reporting this information?
Nomura Holdings, Inc. is reporting this information pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934.
Filing Stats: 546 words · 2 min read · ~2 pages · Grade level 11.2 · Accepted 2024-06-06 06:04:55
Filing Documents
- d845019d6k.htm (6-K) — 24KB
- g845019g42t24.jpg (GRAPHIC) — 36KB
- 0001193125-24-155509.txt ( ) — 74KB
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: June 6, 2024 By: /s/ Yoshifumi Kishida Yoshifumi Kishida Senior Managing Director Nomura Announces Results of Share Buyback Program from Market Tokyo, June 6, 2024 Nomura Holdings, Inc. today announced the results of a share buyback program from the market conducted pursuant to the companys articles of incorporation set out in accordance with Article 459-1 of the Companies Act of Japan. This completes the share buyback program authorized by a resolution at a meeting of the Board of Directors on January 31, 2024. Details of share buyback 1. Type of shares Common shares 2. Number of shares repurchased 4,583,100 shares 3. Aggregate purchase amount 4,480,300,260 yen 4. Purchase period June 1, 2024, to June 6, 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 June 6, 2024, pursuant to the Board of Directors resolution above: 1. Number of shares repurchased 109,726,600 shares 2. Aggregate purchase amount 99,999,989,800 yen ends