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Nippon Shokubai Co., Ltd. ( (JP:4114) ) has provided an announcement.
Nippon Shokubai Co., Ltd. has completed the purchase of 983,600 shares of its own common stock, amounting to a total cost of 1,781,253,200 yen. This action is part of a broader resolution by the Board of Directors to acquire up to 5,000,000 shares, with a total budget of 7 billion yen, as a strategic move to enhance shareholder value and optimize capital structure.
The most recent analyst rating on (JP:4114) stock is a Hold with a Yen1951.00 price target. To see the full list of analyst forecasts on Nippon Shokubai Co., Ltd. stock, see the JP:4114 Stock Forecast page.
More about Nippon Shokubai Co., Ltd.
Nippon Shokubai Co., Ltd. operates in the chemical industry, focusing on the production of a variety of chemical products. The company is listed on the Tokyo Stock Exchange and is known for its diverse range of chemical solutions.
Average Trading Volume: 909,342
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen281.8B
For an in-depth examination of 4114 stock, go to TipRanks’ Overview page.