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Nishi-Nippon Railroad Co., Ltd. ( (JP:9031) ) has provided an announcement.
Nishi-Nippon Railroad Co., Ltd. has repurchased 1,835,500 shares of its common stock at a total acquisition cost of 3.7 billion yen through the Tokyo Stock Exchange’s off-auction own share repurchase trading system. This move aligns with the company’s strategic plan to repurchase up to 2 million shares, as resolved by its Board of Directors, potentially impacting shareholder value and market perception.
The most recent analyst rating on (JP:9031) stock is a Hold with a Yen2650.00 price target. To see the full list of analyst forecasts on Nishi-Nippon Railroad Co., Ltd. stock, see the JP:9031 Stock Forecast page.
More about Nishi-Nippon Railroad Co., Ltd.
Nishi-Nippon Railroad Co., Ltd. operates in the transportation industry, primarily focusing on railway services. The company is listed on the Tokyo Stock Exchange and the Fukuoka Stock Exchange, indicating its significant presence in the Japanese market.
Average Trading Volume: 258,660
Technical Sentiment Signal: Sell
Current Market Cap: Yen159.6B
Learn more about 9031 stock on TipRanks’ Stock Analysis page.