Nissin Foods Holdings Co ( (JP:2897) ) just unveiled an announcement.
Nissin Foods Holdings Co. has announced a strategic decision to acquire up to 9.5 million of its own shares, representing 3.22% of its outstanding shares, as part of its Mid-to Long-Term Growth Strategy 2030. This move aims to enhance shareholder returns, improve capital efficiency, and maintain financial discipline, thereby contributing to the company’s overall corporate value.
More about Nissin Foods Holdings Co
Nissin Foods Holdings Co. operates in the food industry, specializing in the production and distribution of instant noodles and other food products. The company is known for its innovative approaches in the food sector and focuses on sustainable growth and shareholder value.
Average Trading Volume: 1,226,735
Technical Sentiment Signal: Sell
Current Market Cap: Yen940.9B
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