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Nichiban Co., Ltd. ( (JP:4218) ) has provided an announcement.
Nichiban Co., Ltd. has decided to repurchase up to 200,000 of its common shares, equivalent to about 0.98% of its outstanding stock excluding treasury shares, through the Tokyo Stock Exchange’s off-auction own share repurchase system (ToSTNeT-3). The buyback will be executed at the March 10 closing price of ¥1,941 per share, with a total acquisition cost ceiling of ¥450 million and a scheduled period from March 11 to March 31, 2026, signaling an emphasis on shareholder returns and balance sheet optimization, although the final volume will depend on market conditions and available sell orders.
The most recent analyst rating on (JP:4218) stock is a Hold with a Yen2101.00 price target. To see the full list of analyst forecasts on Nichiban Co., Ltd. stock, see the JP:4218 Stock Forecast page.
More about Nichiban Co., Ltd.
Nichiban Co., Ltd. is a Japan-based manufacturer listed on the TSE Prime, known for producing adhesive-related products such as tapes and similar materials. The company operates in the broader chemicals and materials industry, with its shares traded under securities code 4218, and maintains an active capital management policy as part of its market strategy.
Average Trading Volume: 23,417
Technical Sentiment Signal: Buy
Current Market Cap: Yen40.05B
See more data about 4218 stock on TipRanks’ Stock Analysis page.