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An update from Nitto Denko ( (JP:6988) ) is now available.
Nitto Denko Corporation announced the status of its share repurchase program, which was initiated following a board resolution in January 2025. The company repurchased 2,640,000 shares of common stock for a total of JPY 6,938,534,160 through market transactions on the Tokyo Stock Exchange between June 1 and June 30, 2025. This move is part of a larger plan to repurchase up to 34,000,000 shares, reflecting Nitto Denko’s strategic efforts to enhance shareholder value and optimize its capital structure.
The most recent analyst rating on (JP:6988) stock is a Hold with a Yen14000.00 price target. To see the full list of analyst forecasts on Nitto Denko stock, see the JP:6988 Stock Forecast page.
More about Nitto Denko
Nitto Denko Corporation is a company listed on the Tokyo Stock Exchange, primarily operating in the manufacturing sector. The company is known for producing a wide range of industrial products, including adhesives, tapes, and films, with a focus on innovation and technology-driven solutions.
Average Trading Volume: 2,772,968
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen1908.4B
For detailed information about 6988 stock, go to TipRanks’ Stock Analysis page.