Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Nichias ( (JP:5393) ) just unveiled an update.
Nichias Corporation announced the status of its treasury stock purchase for May 2025, following a board resolution. The company acquired 117,600 common shares at a cost of 580,512,400 yen through market purchases on the Tokyo Stock Exchange. This move is part of a larger plan to buy back up to 1,000,000 shares by September 2025, potentially impacting shareholder value and market perception.
More about Nichias
Nichias Corporation operates in the industrial sector, focusing on manufacturing and supplying products such as insulation materials, gaskets, and sealing products. The company primarily serves markets that require high-performance materials for thermal management and sealing solutions.
Average Trading Volume: 212,439
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen333B
For an in-depth examination of 5393 stock, go to TipRanks’ Stock Analysis page.