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Nippon Parking Development Announces Treasury Share Acquisition

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Nippon Parking Development Announces Treasury Share Acquisition

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Nippon Parking Development Co., Ltd. ( (JP:2353) ) has issued an update.

Nippon Parking Development Co., Ltd. announced the acquisition of 1,672,800 treasury shares at a cost of JPY 483,796,901, as part of a larger plan approved in June 2025 to acquire up to 4,000,000 shares. This move, executed through market purchases on the Tokyo Stock Exchange, reflects the company’s strategic efforts to manage its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (JP:2353) stock is a Buy with a Yen311.00 price target. To see the full list of analyst forecasts on Nippon Parking Development Co., Ltd. stock, see the JP:2353 Stock Forecast page.

More about Nippon Parking Development Co., Ltd.

Nippon Parking Development Co., Ltd. operates in the parking management industry, focusing on the acquisition and management of parking facilities. The company is listed on the Tokyo Stock Exchange Prime Market and is known for its strategic investments in parking infrastructure.

Average Trading Volume: 1,912,411

Technical Sentiment Signal: Buy

Current Market Cap: Yen94.99B

For detailed information about 2353 stock, go to TipRanks’ Stock Analysis page.

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