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Nichireki Co., Ltd. ( (JP:5011) ) has shared an announcement.
Nichireki Group Co., Ltd. has announced the acquisition of 85,500 treasury shares at a total cost of 194,830,093 yen through market purchases on the Tokyo Stock Exchange. This acquisition is part of a broader plan approved by the Board of Directors to acquire up to 1,000,000 shares, representing 3.40% of the total shares issued, with a maximum budget of 2.6 billion yen, to be executed by the end of 2025.
More about Nichireki Co., Ltd.
Nichireki Group Co., Ltd. operates in the construction materials industry, focusing on the production and sale of road paving materials and related products. The company is a prominent player in the Japanese market, providing essential materials for infrastructure development.
YTD Price Performance: -18.16%
Average Trading Volume: 25,313
Technical Sentiment Signal: Hold
Current Market Cap: Yen67.04B
For an in-depth examination of 5011 stock, go to TipRanks’ Stock Analysis page.