Nippon Denko Co., Ltd. (TSE:5563) announces a share repurchase program. Under the program, the company will repurchase up to 1,000 shares, representing 0.0006% for ¥0.31 million. The company will repurchase its shares from Chuo Denki Kogyo Co.

Ltd. in a negotiated transaction. Repurchases will be in accordance with the stipulations of Article 163 of the Companies Act, as interpreted in lieu of Article 156 of the Companies Act. Repurchase will take place on August 6, 2014.

As of July 31, 2014, the company had 146,439,371 shares outstanding excluding treasury shares and had 301,921 shares in treasury.