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The latest update is out from Nippon Denko Co., Ltd. ( (JP:5563) ).
Nippon Denko Co., Ltd. has announced the acquisition of 1,390,800 treasury shares at a cost of 469,578,085 yen through an open market repurchase on the Tokyo Stock Exchange. This move is part of a broader strategy approved by the Board of Directors to acquire up to 20,000,000 shares, aiming to enhance shareholder value and optimize capital structure.
The most recent analyst rating on (JP:5563) stock is a Buy with a Yen311.00 price target. To see the full list of analyst forecasts on Nippon Denko Co., Ltd. stock, see the JP:5563 Stock Forecast page.
More about Nippon Denko Co., Ltd.
Nippon Denko Co., Ltd. operates in the manufacturing industry, focusing on producing and distributing various industrial materials and chemicals. The company is listed on the Tokyo Stock Exchange and is known for its commitment to innovation and quality in its market offerings.
Average Trading Volume: 777,993
Technical Sentiment Signal: Buy
Current Market Cap: Yen46.02B
Learn more about 5563 stock on TipRanks’ Stock Analysis page.