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Nippon Express Holdings Advances Treasury Stock Acquisition

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NIPPON EXPRESS HOLDINGS,INC. ( (JP:9147) ) has shared an update.

Nippon Express Holdings, Inc. announced the acquisition of 3,326,500 shares of its treasury stock, costing approximately 8.48 billion yen, as part of its ongoing stock buyback program. This strategic move is part of a larger plan approved by the Board of Directors to acquire up to 30 million shares, reflecting the company’s commitment to enhancing shareholder value and optimizing its capital structure.

More about NIPPON EXPRESS HOLDINGS,INC.

Nippon Express Holdings, Inc. operates in the logistics industry, providing comprehensive transport and logistics services. The company focuses on delivering efficient and reliable logistics solutions to a global market, leveraging its extensive network and expertise.

Average Trading Volume: 1,253,619

Technical Sentiment Signal: Buy

Current Market Cap: Yen666.2B

For an in-depth examination of 9147 stock, go to TipRanks’ Stock Analysis page.

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