tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Nankai Electric Railway Executes Treasury Share Buyback

Story Highlights
Nankai Electric Railway Executes Treasury Share Buyback

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Nankai Electric Railway Co., Ltd. ( (JP:9044) ) has provided an announcement.

Nankai Electric Railway Co., Ltd. announced the purchase of 269,300 treasury shares for a total of 733,519,446 yen through market purchases on the Tokyo Stock Exchange. This move is part of a larger plan approved by the Board of Directors to buy back up to 6,000,000 shares, which represents 5.29% of the total issued shares, at a maximum cost of 12,000,000,000 yen. As of September 30, 2025, the company has purchased a cumulative total of 3,824,600 shares for 8,803,140,190 yen. This strategic buyback is likely aimed at enhancing shareholder value and optimizing the capital structure.

The most recent analyst rating on (JP:9044) stock is a Buy with a Yen2900.00 price target. To see the full list of analyst forecasts on Nankai Electric Railway Co., Ltd. stock, see the JP:9044 Stock Forecast page.

More about Nankai Electric Railway Co., Ltd.

Nankai Electric Railway Co., Ltd. operates in the transportation industry, primarily focusing on railway services. The company is listed on the Tokyo Stock Exchange Prime Market and is involved in providing public transport services in Japan.

Average Trading Volume: 459,678

Technical Sentiment Signal: Buy

Current Market Cap: Yen314.1B

For a thorough assessment of 9044 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1