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Nihon Parkerizing Co., Ltd. ( (JP:4095) ) has shared an update.
Nihon Parkerizing Co., Ltd. announced the repurchase of 304,900 shares of its common stock, valued at approximately 404.9 million JPY, as part of a broader share repurchase program authorized by its board. This move is part of a strategic effort to enhance shareholder value and optimize capital structure, with a total of 6,397,800 shares repurchased so far under the program, reflecting a significant investment in the company’s own equity.
More about Nihon Parkerizing Co., Ltd.
Nihon Parkerizing Co., Ltd. operates in the chemical industry, primarily focusing on surface treatment chemicals and related services. The company is listed on the Tokyo Stock Exchange and is known for its market focus on enhancing material performance through its chemical solutions.
YTD Price Performance: -7.41%
Average Trading Volume: 157,935
Technical Sentiment Signal: Sell
Current Market Cap: Yen139.3B
For an in-depth examination of 4095 stock, go to TipRanks’ Stock Analysis page.