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Nabtesco ( (JP:6268) ) has shared an announcement.
Nabtesco Corporation has completed the acquisition of its own shares, purchasing a total of 2,999,400 common shares at a cost of JPY 9,999,816,100. This move, executed through open market purchases on the Tokyo Stock Exchange, was part of a strategic decision resolved by the Board of Directors to enhance shareholder value and optimize capital structure.
The most recent analyst rating on (JP:6268) stock is a Buy with a Yen3452.00 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 manufacturing of motion control technology and components. The company is listed on the Tokyo Stock Exchange and is known for its precision equipment and systems used in various industries including transportation and automation.
Average Trading Volume: 971,000
Technical Sentiment Signal: Buy
Current Market Cap: Yen416.1B
For detailed information about 6268 stock, go to TipRanks’ Stock Analysis page.