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NIPPON EXPRESS HOLDINGS,INC. ( (JP:9147) ) has issued an update.
Nippon Express Holdings, Inc. has announced the acquisition of 1,127,600 shares of its treasury stock, costing approximately 2.99 billion yen, as part of a broader plan approved by its Board of Directors to acquire up to 30 million shares by November 2025. This move is part of the company’s strategy to enhance shareholder value and optimize its capital structure, potentially impacting its market positioning and stakeholder interests.
More about NIPPON EXPRESS HOLDINGS,INC.
Nippon Express Holdings, Inc. operates in the logistics industry, providing comprehensive transportation and logistics services. The company focuses on delivering efficient and reliable logistics solutions, primarily in the Japanese market, and is listed on the Tokyo Stock Exchange.
YTD Price Performance: 11.16%
Average Trading Volume: 1,139,396
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: Yen692.1B
See more data about 9147 stock on TipRanks’ Stock Analysis page.