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The latest update is out from Nichiha Corporation ( (JP:7943) ).
Nichiha Corporation announced the acquisition of 150,100 of its own shares in May, as part of a strategy to enhance shareholder returns and improve capital efficiency. This move is aligned with the company’s First Medium-Term Management Plan, which allows for flexible capital policies in response to business environment changes, with a total acquisition budget of up to 2.5 billion yen.
More about Nichiha Corporation
Nichiha Corporation operates in the manufacturing industry, focusing on producing building materials, particularly fiber cement products. The company is listed on the Tokyo Stock Exchange and the Nagoya Stock Exchange, and it aims to enhance shareholder value and adapt to market changes.
Average Trading Volume: 48,419
Technical Sentiment Signal: Buy
Current Market Cap: Yen111.3B
For an in-depth examination of 7943 stock, go to TipRanks’ Stock Analysis page.