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The latest update is out from NHK Spring Co., Ltd. ( (JP:5991) ).
NHK Spring Co., Ltd. announced the status of its share repurchase program, revealing that it repurchased 1,527,500 shares of common stock for approximately 2.59 billion yen between March 1 and March 31, 2025. This repurchase is part of a larger plan approved by the board to buy back up to 13 million shares, aiming to enhance shareholder value and optimize capital structure.
More about NHK Spring Co., Ltd.
NHK Spring Co., Ltd. operates in the manufacturing industry, primarily focusing on the production of automotive suspension springs and precision components. The company is listed on the Tokyo Stock Exchange and is known for its technological advancements and market presence in the automotive sector.
YTD Price Performance: -18.12%
Average Trading Volume: 1,025,678
Technical Sentiment Signal: Sell
Current Market Cap: Yen375.5B
For a thorough assessment of 5991 stock, go to TipRanks’ Stock Analysis page.