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Nissan Withdraws Treasury Stock Disposal Registration

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Nissan Withdraws Treasury Stock Disposal Registration

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The latest update is out from Nissan Motor Co ( (JP:7201) ).

Nissan Motor Co. has withdrawn its Shelf Registration Statement for the disposal of treasury stock related to restricted stock units granted in FY2022. The withdrawal follows the completion of the offerings of shares under the previously announced plan, with no proceeds gained by the company as shares were allotted to recipients through a contribution-in-kind of monetary compensation claims.

The most recent analyst rating on (JP:7201) stock is a Hold with a Yen382.00 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 global automotive manufacturer known for producing a wide range of vehicles, including cars, trucks, and electric vehicles. The company focuses on innovation and sustainability within the automotive industry.

Average Trading Volume: 31,609,606

Technical Sentiment Signal: Sell

Current Market Cap: Yen1375.2B

Learn more about 7201 stock on TipRanks’ Stock Analysis page.

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