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Nittetsu Mining to Cancel Over 3.5 Million Treasury Shares

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Nittetsu Mining to Cancel Over 3.5 Million Treasury Shares

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Nittetsu Mining Co., Ltd. ( (JP:1515) ) has shared an update.

Nittetsu Mining Co., Ltd. announced the cancellation of 3,523,190 treasury shares, representing 4.22% of its total issued shares, as part of a strategic move to optimize its capital structure. This cancellation, set for November 28, 2025, will result in a total of 80 million shares remaining, potentially enhancing shareholder value and improving financial metrics.

The most recent analyst rating on (JP:1515) stock is a Buy with a Yen1821.00 price target. To see the full list of analyst forecasts on Nittetsu Mining Co., Ltd. stock, see the JP:1515 Stock Forecast page.

More about Nittetsu Mining Co., Ltd.

Nittetsu Mining Co., Ltd. operates in the mining industry, focusing on the extraction and processing of minerals. The company is listed on the TSE Prime Market and is known for its production and supply of various mineral resources.

Average Trading Volume: 275,131

Technical Sentiment Signal: Buy

Current Market Cap: Yen136.6B

Learn more about 1515 stock on TipRanks’ Stock Analysis page.

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