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An announcement from Nippon Electric Glass Co ( (JP:5214) ) is now available.
Nippon Electric Glass Co., Ltd. announced the cancellation of 10,000,000 of its common treasury shares, which constituted 10.05% of the total shares outstanding before cancellation. This move reduces the total shares outstanding to 89,523,246, potentially enhancing shareholder value and streamlining its capital structure.
More about Nippon Electric Glass Co
YTD Price Performance: 2.68%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.91B
Learn more about 5214 stock on TipRanks’ Stock Analysis page.