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Nifco Inc. ( (JP:7988) ) has provided an update.
Nifco Inc. announced a plan to acquire up to 1.5 million of its own shares, representing 1.56% of the total issued shares, with an acquisition budget capped at 5 billion yen. This move aims to enhance capital efficiency and provide financial flexibility in response to market changes, potentially impacting shareholder value and market perception.
The most recent analyst rating on (JP:7988) stock is a Hold with a Yen3500.00 price target. To see the full list of analyst forecasts on Nifco Inc. stock, see the JP:7988 Stock Forecast page.
More about Nifco Inc.
Nifco Inc. operates in the manufacturing industry, primarily focusing on producing industrial plastic components. The company is headquartered in Yokosuka-shi, Kanagawa, and is listed on the Tokyo Stock Exchange.
Average Trading Volume: 287,442
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen350.1B
See more insights into 7988 stock on TipRanks’ Stock Analysis page.
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