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Nagase & Co. Announces Share Repurchase as Part of Strategic Plan

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Nagase & Co. Announces Share Repurchase as Part of Strategic Plan

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Nagase & Co ( (JP:8012) ) just unveiled an announcement.

Nagase & Co., Ltd. announced the repurchase of 1,361,600 of its own shares for approximately 4.99 billion yen through the Tokyo Stock Exchange’s Off-Auction Own Share Repurchase Trading System. This move aligns with their Medium-Term Management Plan ACE 2.0, which aims to return 100% of profits to shareholders over two years, reflecting a strategic shift in shareholder returns policy.

More about Nagase & Co

Nagase & Co., Ltd. operates in the trading industry, focusing on chemicals, electronics, automotive, life sciences, and other sectors. The company is listed on the Tokyo Stock Exchange and is known for its diverse market focus and strategic management plans.

Average Trading Volume: 191,308

Current Market Cap: Yen384.2B

See more insights into 8012 stock on TipRanks’ Stock Analysis page.

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