TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Nisshin OilliO Group, Ltd. ( (JP:2602) ) has shared an update.
The Nisshin OilliO Group, Ltd. has announced the disposal of 84,900 treasury shares as part of its ongoing stock-based compensation plan. This move aims to align the interests of the company’s directors with shareholders by linking compensation to stock performance, thereby enhancing corporate value over the medium to long term. The disposal is set at a price of 5,100 yen per share, with minimal expected impact on the secondary market.
The most recent analyst rating on (JP:2602) stock is a Hold with a Yen5497.00 price target. To see the full list of analyst forecasts on Nisshin OilliO Group, Ltd. stock, see the JP:2602 Stock Forecast page.
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. The company is known for its comprehensive range of oil products and has a significant presence in the Japanese market.
Average Trading Volume: 77,444
Technical Sentiment Signal: Buy
Current Market Cap: Yen166.6B
For detailed information about 2602 stock, go to TipRanks’ Stock Analysis page.