Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Nichireki Co., Ltd. ( (JP:5011) ) has issued an announcement.
Nichireki Group Co., Ltd., a company listed on the Tokyo Stock Exchange, has announced its decision to acquire up to 1,000,000 of its own common shares, representing 3.40% of the total shares issued, excluding treasury stocks. This acquisition, with a maximum cost of 2.6 billion yen, is aimed at enhancing shareholder returns, improving capital efficiency, and maintaining a flexible capital policy in response to the evolving business environment. The purchase will be conducted through market transactions on the Tokyo Stock Exchange between March 1, 2025, and December 31, 2025.
More about Nichireki Co., Ltd.
YTD Price Performance: -16.46%
Average Trading Volume: 21,912
Technical Sentiment Consensus Rating: Hold
Current Market Cap: Yen68.57B
For an in-depth examination of 5011 stock, go to TipRanks’ Stock Analysis page.