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Nishi-Nippon Railroad Co., Ltd. ( (JP:9031) ) just unveiled an announcement.
Nishi-Nippon Railroad Co., Ltd. has completed its treasury stock repurchase program, acquiring 164,500 shares at a cost of 361,578,550 yen. This move, executed through market purchases on the Tokyo Stock Exchange, is part of a broader strategy approved by the Board of Directors to repurchase up to 2 million shares, enhancing shareholder value and optimizing capital structure.
The most recent analyst rating on (JP:9031) stock is a Hold with a Yen2353.00 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 offering railway services. The company is listed on the Tokyo Stock Exchange and the Fukuoka Stock Exchange, indicating a focus on regional and national markets.
YTD Price Performance: -0.44%
Average Trading Volume: 223,117
Technical Sentiment Signal: Hold
Current Market Cap: Yen176.2B
See more insights into 9031 stock on TipRanks’ Stock Analysis page.