Nomura (NYSE: NMR) cancels 75M shares and advances ¥60B buyback
Rhea-AI Filing Summary
Nomura Holdings, Inc. reports progress on its share repurchase program and related treasury share actions for the month from March 1 to March 31, 2026. Under a Board authorization dated January 30, 2026 to repurchase up to 100,000,000 common shares for up to ¥60,000,000,000, the company bought back 24,638,300 shares in March for a total of ¥30,180,151,350. Cumulatively, 32,551,600 shares have been repurchased for ¥41,478,448,300, representing progress of 32.6 by share count and 69.1 by amount. During the same period, Nomura canceled 75,000,000 treasury shares, totaling ¥57,665,917,500, and recorded total issued shares of 3,088,562,601 and treasury holdings of 186,846,208 shares as of March 31, 2026.
Positive
- Substantial capital return via buybacks: Nomura repurchased 24,638,300 shares in March 2026 for ¥30,180,151,350, with cumulative buybacks of 32,551,600 shares for ¥41,478,448,300 under a program authorized up to 100,000,000 shares or ¥60,000,000,000.
- Material share cancellation: The cancellation of 75,000,000 treasury shares for ¥57,665,917,500 during the period reduces the company’s outstanding equity base relative to prior levels.
Negative
- None.
Insights
Large buybacks and share cancellation tighten Nomura’s equity base.
Nomura is executing a substantial common stock repurchase program authorized for up to 100,000,000 shares or ¥60,000,000,000. In March 2026 alone, it repurchased 24,638,300 shares for ¥30,180,151,350, bringing cumulative progress to 32.6 of the share cap and 69.1 of the yen cap.
The company also canceled 75,000,000 treasury shares for ¥57,665,917,500, which reduces outstanding equity relative to prior levels. As of March 31, 2026, Nomura reports 3,088,562,601 issued shares and 186,846,208 treasury shares, indicating an active capital management stance centered on buybacks and cancellations.
The combination of ongoing repurchases through September 30, 2026 and significant cancellations could meaningfully reshape Nomura’s share count over time. Subsequent disclosures covering periods up to the program’s end date are likely to show how fully the authorized 100,000,000-share and ¥60,000,000,000 limits are ultimately utilized.