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Nitto Denko ( (JP:6988) ) has provided an announcement.
Nitto Denko Corporation has announced the repurchase of up to 34,000,000 of its common stock shares, representing 4.84% of the total issued shares excluding treasury shares. This decision is part of the company’s strategy to execute agile capital management in response to changing business environments and aims to enhance shareholder returns.
More about Nitto Denko
YTD Price Performance: 1.58%
Average Trading Volume: 4,229
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $12.49B
See more data about 6988 stock on TipRanks’ Stock Analysis page.