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Nissan Adjusts Treasury Stock Disposal Strategy

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Nissan Adjusts Treasury Stock Disposal Strategy

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Nissan Motor Co ( (JP:7201) ) has issued an update.

Nissan Motor Co. has announced the withdrawal of a previous Shelf Registration Statement for the disposal of treasury stock and the submission of a new one. This decision aligns with the expiration of the scheduled issuance period for the previous statement, ensuring compliance with their RSU plan. The new registration will cover a two-year period, allowing Nissan to manage its treasury stock effectively without generating proceeds, as shares will be allotted as compensation.

The most recent analyst rating on (JP:7201) stock is a Sell with a Yen390.00 price target. To see the full list of analyst forecasts on Nissan Motor Co stock, see the JP:7201 Stock Forecast page.

More about Nissan Motor Co

Nissan Motor Co., Ltd. is a prominent player in the automotive industry, known for manufacturing a wide range of vehicles including cars, trucks, and electric vehicles. The company focuses on innovation and sustainability, aiming to enhance its market presence globally.

Average Trading Volume: 26,816,920

Technical Sentiment Signal: Sell

Current Market Cap: Yen1194.2B

Find detailed analytics on 7201 stock on TipRanks’ Stock Analysis page.

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