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An announcement from KH Neochem Co.,Ltd. ( (JP:4189) ) is now available.
KH Neochem Co., Ltd. has announced the acquisition of 239,100 of its own shares, amounting to a cost of 593,116,600 yen, as part of a broader plan approved by the Board of Directors to acquire up to 2,500,000 shares by September 2025. This strategic move is aimed at optimizing capital structure and potentially enhancing shareholder value, reflecting the company’s proactive approach in managing its equity and market presence.
More about KH Neochem Co.,Ltd.
KH Neochem Co., Ltd. operates in the chemical industry, focusing on the production of performance chemicals, basic chemicals, and electronic materials. The company is known for its contributions to the automotive, electronics, and cosmetics industries, providing essential materials that enhance product performance and sustainability.
YTD Price Performance: 22.19%
Average Trading Volume: 177,703
Technical Sentiment Consensus Rating: Sell
Current Market Cap: Yen92.34B
Learn more about 4189 stock on TipRanks’ Stock Analysis page.