tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Nippon Express Holdings Continues Treasury Stock Acquisition

Story Highlights
Nippon Express Holdings Continues Treasury Stock Acquisition

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.

The latest update is out from NIPPON EXPRESS HOLDINGS,INC. ( (JP:9147) ).

Nippon Express Holdings, Inc. has announced the acquisition of 1,727,600 shares of its treasury stock, amounting to a total cost of 5,755,726,100 yen, as part of a broader strategy approved by the Board of Directors to acquire up to 30,000,000 shares. This move is part of the company’s ongoing efforts to optimize its capital structure and enhance shareholder value, reflecting its strategic focus on strengthening its financial position and market competitiveness.

The most recent analyst rating on (JP:9147) stock is a Hold with a Yen3457.00 price target. To see the full list of analyst forecasts on NIPPON EXPRESS HOLDINGS,INC. stock, see the JP:9147 Stock Forecast page.

More about NIPPON EXPRESS HOLDINGS,INC.

Nippon Express Holdings, Inc. operates in the logistics and transportation industry, providing comprehensive logistics services. The company is focused on expanding its market presence through strategic acquisitions and investments.

Average Trading Volume: 1,072,910

Technical Sentiment Signal: Buy

Current Market Cap: Yen852.7B

See more data about 9147 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1