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Nifco Inc. ( (JP:7988) ) has provided an update.
Nifco Inc. has announced the ongoing acquisition of its own shares, with 746,000 common shares purchased at a total price of approximately 3 billion yen between August 1st and August 31st, 2025. This move is part of a broader strategy approved by the Board of Directors to acquire up to 1.5 million shares by October 30th, 2025, with the aim of enhancing shareholder value and optimizing capital structure.
The most recent analyst rating on (JP:7988) stock is a Buy with a Yen4700.00 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, specializing in the production of plastic fasteners and components primarily for the automotive sector. The company focuses on innovation and efficiency in its product offerings to maintain a competitive edge in the market.
Average Trading Volume: 285,692
Technical Sentiment Signal: Buy
Current Market Cap: Yen399.9B
Find detailed analytics on 7988 stock on TipRanks’ Stock Analysis page.