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An update from Nifco Inc. ( (JP:7988) ) is now available.
Nifco Inc. announced its decision to acquire up to 1,250,000 of its own shares, representing 1.32% of the total issued shares, with a maximum acquisition cost of 5 billion yen. This move aims to enhance capital efficiency and provide flexibility in financial policy amidst changing business conditions, potentially impacting its market positioning and shareholder value.
The most recent analyst rating on (JP:7988) stock is a Buy with a Yen5171.00 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 plastic components for automotive and industrial applications. The company is headquartered in Yokosuka-shi, Kanagawa, and is listed on the Tokyo Stock Exchange.
Average Trading Volume: 259,867
Technical Sentiment Signal: Buy
Current Market Cap: Yen428.1B
Learn more about 7988 stock on TipRanks’ Stock Analysis page.