Nihon Kohden Corporation (JP:6849) has released an update.
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Nihon Kohden Corporation has announced the acquisition of 712,000 of its own shares for a total of 1.54 billion yen through market purchases on the Tokyo Stock Exchange in October 2024. This move is part of a larger plan authorized by the company’s Board of Directors to acquire up to 6 million shares. Such strategic buybacks can often indicate the company’s confidence in its financial health and future prospects.
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