tiprankstipranks
Nissin Foods Completes Phase of Share Buyback Plan
Company Announcements

Nissin Foods Completes Phase of Share Buyback Plan

Nissin Foods Holdings Co (JP:2897) has released an update.

Don't Miss our Black Friday Offers:

Nissin Foods Holdings Co. has completed a share buyback program, purchasing a total of 166,300 shares for 715.7 million yen on the Tokyo Stock Exchange. This action is part of a larger buyback plan, where the company aims to acquire up to 6.2 million shares for a maximum of 20 billion yen, a plan that has been ongoing since May 14, 2024, and will conclude by November 29, 2024. As of August 2, 2024, the company has cumulatively bought back 4.82 million shares for about 20 billion yen.

For further insights into JP:2897 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskNissin Foods Reports Revenue Growth Amid Profit Decline
TipRanks Japan Auto-Generated NewsdeskNissin Foods Announces Share Buyback to Boost Value
TipRanks Japan Auto-Generated NewsdeskNissin Foods Cancels 6 Million Treasury Shares
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App