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NGK SPARK PLUG CO ( (JP:5334) ) has shared an announcement.
Niterra Co., Ltd. announced a board resolution to repurchase up to 7.2 million of its own shares, representing 3.62% of the total issued shares, with a maximum expenditure of 30 billion yen. This move aims to enhance shareholder returns and implement more proactive capital strategies, reflecting the company’s commitment to shareholder value and strategic capital allocation.
The most recent analyst rating on (JP:5334) stock is a Buy with a Yen7141.00 price target. To see the full list of analyst forecasts on NGK SPARK PLUG CO stock, see the JP:5334 Stock Forecast page.
More about NGK SPARK PLUG CO
Niterra Co., Ltd., formerly known as NGK Spark Plug Co., operates in the automotive industry, focusing on the production and distribution of spark plugs and related automotive components. The company is listed on the TSE Prime Market and NSE Premier Market, indicating its significant presence in the Japanese and global markets.
Average Trading Volume: 700,737
Technical Sentiment Signal: Buy
Current Market Cap: Yen1250B
For an in-depth examination of 5334 stock, go to TipRanks’ Overview page.