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An announcement from NOF ( (JP:4403) ) is now available.
NOF CORPORATION announced the completion of a treasury share purchase as part of its Mid-Term Management Plan ‘NOF VISION 2030 Stage II.’ The purchase aligns with the company’s policy of maintaining a stable return of profits, with a target payout ratio of around 50% by the end of FY2025. This move is expected to enhance shareholder value and demonstrates the company’s commitment to its financial strategies.
The most recent analyst rating on (JP:4403) stock is a Buy with a Yen2919.00 price target. To see the full list of analyst forecasts on NOF stock, see the JP:4403 Stock Forecast page.
More about NOF
NOF CORPORATION operates in the chemical industry, focusing on the production and distribution of chemical products. The company is listed on the Tokyo Stock Exchange’s Prime Market and is committed to maintaining a stable return of profits to its shareholders.
Average Trading Volume: 596,741
Technical Sentiment Signal: Buy
Current Market Cap: Yen653.9B
For detailed information about 4403 stock, go to TipRanks’ Stock Analysis page.