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Nippon Yusen’s Strategic Stock Buyback Plan

Nippon Yusen’s Strategic Stock Buyback Plan

Nippon Yusen Kabushiki Kaisha (JP:9101) has released an update.

Nippon Yusen Kabushiki Kaisha has acquired 4,392,200 shares of its own common stock, valued at approximately JPY 21.6 billion, during November 2024. This move is part of a larger plan approved by the Board of Directors to repurchase up to 35 million shares, reflecting the company’s confidence in its market position and strategy.

For further insights into JP:9101 stock, check out TipRanks’ Stock Analysis page.

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