The latest announcement is out from NIPPON EXPRESS HOLDINGS,INC. ( (JP:9147) ).
Nippon Express Holdings, Inc. has announced the acquisition of 1,810,300 shares of its own common stock, amounting to a total cost of approximately 4.93 billion yen, as part of its treasury stock acquisition plan. This move is part of a broader strategy approved by the Board of Directors to acquire up to 30 million shares, with a total budget of 50 billion yen, aimed at optimizing capital structure and potentially enhancing shareholder value.
More about NIPPON EXPRESS HOLDINGS,INC.
Nippon Express Holdings, Inc. operates in the logistics industry, providing comprehensive logistics services, including freight transportation, warehousing, and distribution. The company is focused on enhancing its market position through strategic acquisitions and stock management.
YTD Price Performance: 13.35%
Average Trading Volume: 1,165,645
Technical Sentiment Signal: Strong Sell
Current Market Cap: Yen707B
See more insights into 9147 stock on TipRanks’ Stock Analysis page.