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Nissin Corporation ( (JP:9066) ) has provided an announcement.
Nissin Corporation announced its decision to cancel 773,755 treasury shares, representing 4.99% of its total issued shares, as part of a broader strategy involving share consolidation and amendments to its Articles of Incorporation. This move, pending approval at an extraordinary shareholders’ meeting, is expected to streamline the company’s share structure and potentially enhance shareholder value.
More about Nissin Corporation
Nissin Corporation operates in the logistics and transportation industry, providing services that include freight forwarding, warehousing, and supply chain management. The company is focused on optimizing logistics solutions for various market sectors.
Average Trading Volume: 102,331
Technical Sentiment Signal: Buy
Current Market Cap: Yen118.3B
Learn more about 9066 stock on TipRanks’ Stock Analysis page.