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The latest announcement is out from Nihon Kohden Corporation ( (JP:6849) ).
Nihon Kohden Corporation announced the completion of its share buyback program, acquiring a total of 493,200 common shares for approximately 1.05 billion yen through market purchases on the Tokyo Stock Exchange. This acquisition finalizes the company’s plan, initially resolved by the Board of Directors in May 2024, to buy back up to 6 million shares, aiming to enhance shareholder value and optimize capital structure.
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 specializes in the medical equipment industry, focusing on the production and distribution of medical devices and systems.
YTD Price Performance: -5.06%
Average Trading Volume: 508,254
Technical Sentiment Signal: Sell
Current Market Cap: Yen348.4B
For detailed information about 6849 stock, go to TipRanks’ Stock Analysis page.