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Nihon Kohden Corporation ( (JP:6849) ) has issued an announcement.
Nihon Kohden Corporation announced the acquisition of 718,200 of its own shares through the ToSTNeT-3 system on the Tokyo Stock Exchange, at a total cost of 1,107,823,500 yen. This move aims to improve capital efficiency and return profits to shareholders, with a broader plan to acquire up to 3,800,000 shares by March 31, 2026, as part of a strategy to enhance shareholder value.
The most recent analyst rating on (JP:6849) stock is a Hold with a Yen1679.00 price target. To see the full list of analyst forecasts on Nihon Kohden Corporation stock, see the JP:6849 Stock Forecast page.
More about Nihon Kohden Corporation
Nihon Kohden Corporation is a company listed on the Prime Market of the Tokyo Stock Exchange, headquartered in Tokyo. It is led by Hirokazu Ogino, the President and CEO. The company is involved in the medical technology industry, focusing on the development and production of medical electronic equipment.
Average Trading Volume: 628,747
Technical Sentiment Signal: Sell
Current Market Cap: Yen258.3B
Find detailed analytics on 6849 stock on TipRanks’ Stock Analysis page.