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The latest announcement is out from Nippon Yakin Kogyo Co., Ltd. ( (JP:5480) ).
Nippon Yakin Kogyo Co., Ltd. has completed the acquisition of its own shares, purchasing 122,200 common shares for ¥473,175,500 through market transactions on the Tokyo Stock Exchange. This acquisition is part of a broader resolution by the Board of Directors to acquire up to 306,000 shares, enhancing the company’s capital efficiency and potentially increasing shareholder value.
More about Nippon Yakin Kogyo Co., Ltd.
Nippon Yakin Kogyo Co., Ltd. operates in the metallurgical industry, focusing on the production of high-performance materials, including stainless steel and nickel alloys. The company serves various sectors, including construction, automotive, and electronics, with a strong market presence in Japan and internationally.
Average Trading Volume: 90,600
Technical Sentiment Signal: Hold
Current Market Cap: Yen57.41B
Find detailed analytics on 5480 stock on TipRanks’ Stock Analysis page.