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Rinnai Corporation Updates on Share Buyback Progress

Story Highlights
  • Rinnai focuses on heating appliances and is listed on major Japanese stock exchanges.
  • Rinnai has bought back 1,994,900 shares worth ¥7.35 billion as part of a larger plan.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Rinnai Corporation Updates on Share Buyback Progress

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Rinnai ( (JP:5947) ) has shared an update.

Rinnai Corporation has announced the status of its share buyback program, which was approved by the Board of Directors in May 2025. As of September 30, 2025, the company has acquired 1,994,900 shares worth approximately ¥7.35 billion, as part of a larger plan to buy back up to 4 million shares by November 2025. This move is likely aimed at enhancing shareholder value and optimizing the company’s capital structure.

The most recent analyst rating on (JP:5947) stock is a Hold with a Yen3726.00 price target. To see the full list of analyst forecasts on Rinnai stock, see the JP:5947 Stock Forecast page.

More about Rinnai

Rinnai Corporation operates in the manufacturing industry, primarily focusing on the production of heating appliances, including gas appliances and water heaters. The company is listed on the Tokyo and Nagoya Stock Exchanges, indicating its significant presence in the Japanese market.

Average Trading Volume: 289,537

Technical Sentiment Signal: Buy

Current Market Cap: Yen494.5B

Find detailed analytics on 5947 stock on TipRanks’ Stock Analysis page.

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