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Nomura to Cancel Own Shares
October 28, 2020
Nomura Holdings, Inc.
Tokyo, October 28, 2020 - Nomura Holdings, Inc. today announced that it has resolved to cancel a part of its own shares in accordance with Article 178 of the Companies Act of Japan.
Outline of Cancellation
|1. Type of shares to be cancelled||Nomura Holdings common shares|
|2. Number of shares to be cancelled||260,000,000 shares
(7.4 percent of outstanding shares)
|3. Scheduled cancellation date||December 1, 2020|
Policy for Cancellation of Own Shares
In principle, Nomura will retain a maximum of approximately 5% of the total number of issued shares and will cancel shares exceeding this amount.
Nomura is a global financial services group with an integrated network spanning over 30 countries. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its four business divisions: Retail, Asset Management, Wholesale (Global Markets and Investment Banking), and Merchant Banking. Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. For further information about Nomura, visit www.nomura.com.