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NH Foods Announces Treasury Stock Acquisition

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NH Foods Announces Treasury Stock Acquisition

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NH Foods ( (JP:2282) ) just unveiled an announcement.

NH Foods Ltd. has announced the acquisition of 408,400 treasury shares at a total cost of 2,027,315,600 yen, as part of a broader plan approved by its Board of Directors to acquire up to 6,000,000 shares. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (JP:2282) stock is a Sell with a Yen4900.00 price target. To see the full list of analyst forecasts on NH Foods stock, see the JP:2282 Stock Forecast page.

More about NH Foods

NH Foods Ltd. operates in the food industry, focusing primarily on the production and distribution of meat products. The company is listed on the Tokyo Stock Exchange and is a significant player in the Japanese market.

Average Trading Volume: 571,220

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen501.6B

Find detailed analytics on 2282 stock on TipRanks’ Stock Analysis page.

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