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Nisshin OilliO Group, Ltd. ( (JP:2602) ) just unveiled an announcement.
Nisshin OilliO Group, Ltd. has revised its shareholder return policy under its medium-term business plan, Value UpX, to enhance stable and proactive returns to shareholders and improve capital efficiency. The company plans to pay a minimum dividend of ¥180 per share and aims for a 40% consolidated dividend payout ratio, excluding one-time gains. Additionally, it will purchase treasury shares worth ¥20 billion, balancing this with growth investments and financial soundness to increase corporate and shareholder value.
More about Nisshin OilliO Group, Ltd.
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 listed on the Prime Market of the Tokyo Stock Exchange and aims to enhance its corporate value through sustainable growth and efficient capital management.
YTD Price Performance: -0.75%
Average Trading Volume: 92,618
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen163.3B
Learn more about 2602 stock on TipRanks’ Stock Analysis page.