NHK Spring Co., Ltd. (JP:5991) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
NHK Spring Co., Ltd. has successfully repurchased 4.75 million shares of its common stock for approximately 8.85 billion yen through the Tokyo Stock Exchange’s Off-Auction Own Share Repurchase Trading System. This move is part of a broader plan approved by the company’s Board of Directors to buy back up to 13 million shares, representing 6.05% of outstanding shares, by June 2025. The repurchase aims to improve shareholder returns and enhance capital efficiency.
For further insights into JP:5991 stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue