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Nippon Yakin Kogyo Co., Ltd. ( (JP:5480) ) just unveiled an announcement.
Nippon Yakin Kogyo Co., Ltd. announced its decision to acquire up to 306,000 of its own shares, representing 2.17% of its total issued shares, as part of a strategy to enhance shareholder returns and improve capital efficiency. This move, with a maximum acquisition cost of ¥950,000,000, is set to take place between May 9 and June 23, 2025, and reflects the company’s commitment to optimizing its capital structure and providing value to its stakeholders.
More about Nippon Yakin Kogyo Co., Ltd.
Nippon Yakin Kogyo Co., Ltd. operates in the manufacturing industry, focusing on producing specialized metal products. The company is known for its high-performance materials and serves various sectors, including construction and electronics.
Average Trading Volume: 83,022
Technical Sentiment Signal: Hold
Current Market Cap: Yen60.8B
For a thorough assessment of 5480 stock, go to TipRanks’ Stock Analysis page.