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Nippon Denko Co., Ltd. ( (JP:5563) ) has issued an update.
Nippon Denko Co., Ltd. has completed the acquisition of 1,568,100 treasury shares at a cost of 541,246,483 yen through an open market repurchase on the Tokyo Stock Exchange. This acquisition is part of a larger plan 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 Yen383.00 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 the production of ferroalloys and other related materials. The company is a key player in the Japanese market, providing essential materials for various industrial applications.
Average Trading Volume: 813,057
Technical Sentiment Signal: Buy
Current Market Cap: Yen48.22B
For a thorough assessment of 5563 stock, go to TipRanks’ Stock Analysis page.