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Nabtesco Announces Cancellation of Treasury Shares

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Nabtesco Announces Cancellation of Treasury Shares

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Nabtesco ( (JP:6268) ) just unveiled an update.

Nabtesco Corporation has announced the cancellation of 2,999,400 treasury shares, representing 2.48% of its outstanding shares, following a resolution by its Board of Directors. This move, scheduled for December 10, 2025, is part of the company’s strategy to optimize its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (JP:6268) stock is a Hold with a Yen3438.00 price target. To see the full list of analyst forecasts on Nabtesco stock, see the JP:6268 Stock Forecast page.

More about Nabtesco

Nabtesco Corporation operates in the industrial machinery sector, focusing on the development and production of precision equipment and components. The company is known for its motion control technology and serves a variety of markets including transportation, automation, and energy.

Average Trading Volume: 958,656

Technical Sentiment Signal: Buy

Current Market Cap: Yen397.7B

For a thorough assessment of 6268 stock, go to TipRanks’ Stock Analysis page.

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