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Nisshin OilliO Group Acquires Treasury Shares to Boost Growth

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Nisshin OilliO Group Acquires Treasury Shares to Boost Growth

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Nisshin OilliO Group, Ltd. ( (JP:2602) ) has issued an announcement.

The Nisshin OilliO Group, Ltd. has announced the acquisition of 435,300 treasury shares valued at approximately 2.04 billion yen as part of its strategy to improve profit growth and capital efficiency. This move aligns with the company’s medium-term business plan, Value UpX, which aims to enhance shareholder returns and support sustainable growth initiatives.

More about Nisshin OilliO Group, Ltd.

The Nisshin OilliO Group, Ltd. operates in the food industry, primarily focusing on the production and distribution of edible oils and related products. The company is committed to enhancing shareholder returns and investing in sustainable growth as part of its medium-term business plan, Value UpX.

Average Trading Volume: 94,686

Technical Sentiment Signal: Buy

Current Market Cap: Yen153.1B

Find detailed analytics on 2602 stock on TipRanks’ Stock Analysis page.

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