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Nikkiso Co., Ltd. ( (JP:6376) ) has shared an update.
Nikkiso Co., Ltd. has announced a share repurchase plan as part of its strategy to enhance capital efficiency and provide stable returns to shareholders. The company plans to buy back up to 1,000,000 shares, representing 1.51% of its outstanding shares, at a total cost of up to 1,544,000,000 yen. This move aligns with their medium-term business plan, aiming for a total payout ratio of 35% by 2025, and reflects their commitment to improving business profitability and shareholder value.
The most recent analyst rating on (JP:6376) stock is a Buy with a Yen1780.00 price target. To see the full list of analyst forecasts on Nikkiso Co., Ltd. stock, see the JP:6376 Stock Forecast page.
More about Nikkiso Co., Ltd.
Nikkiso Co., Ltd. operates in the industrial sector, primarily focusing on manufacturing and providing products and services related to advanced technologies, including medical, aerospace, and industrial equipment. The company is known for its innovation and commitment to enhancing capital efficiency and shareholder returns.
Average Trading Volume: 250,783
Technical Sentiment Signal: Buy
Current Market Cap: Yen95.54B
For an in-depth examination of 6376 stock, go to TipRanks’ Overview page.