tiprankstipranks
Advertisement
Advertisement

Nippon Gas Reports Ongoing Progress in Share Buyback Program

Story Highlights
  • Nippon Gas repurchased 726,900 shares for about ¥2.14 billion in January 2026.
  • Cumulative buybacks reached 1.39 million shares and ¥4.12 billion, advancing its authorized program.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Nippon Gas Reports Ongoing Progress in Share Buyback Program

Claim 30% Off TipRanks

An update from NIPPON GAS Co ( (JP:8174) ) is now available.

Nippon Gas Co., Ltd. has reported progress on its ongoing share repurchase program, buying back 726,900 common shares for approximately ¥2.14 billion through market purchases on the Tokyo Stock Exchange between January 1 and January 31, 2026. This forms part of a broader board-approved buyback plan, under which the company is authorized to repurchase up to 4 million shares or ¥9 billion by March 31, 2026; as of the end of January, Nippon Gas had cumulatively repurchased 1,396,900 shares for about ¥4.12 billion, representing roughly 35% of the maximum share count and 46% of the maximum monetary amount, a move likely aimed at enhancing shareholder value and optimizing capital structure.

The most recent analyst rating on (JP:8174) stock is a Buy with a Yen3324.00 price target. To see the full list of analyst forecasts on NIPPON GAS Co stock, see the JP:8174 Stock Forecast page.

More about NIPPON GAS Co

Nippon Gas Co., Ltd., listed on the Tokyo Stock Exchange Prime Market (code 8174), operates in the energy sector, primarily dealing in gas-related products and services for the Japanese market. The company serves a broad base of residential, commercial, and industrial customers, positioning itself as a key player in the domestic gas supply and related energy solutions.

YTD Price Performance: -1.33%

Average Trading Volume: 266,210

Technical Sentiment Signal: Buy

Current Market Cap: Yen320.3B

See more insights into 8174 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1