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Nitto Kohki Co., Ltd. ( (JP:6151) ) has issued an announcement.
Nitto Kohki Co., Ltd. has successfully completed an off-floor distribution of 596,700 shares at a price of 1,523 yen per share on the Tokyo Stock Exchange. This strategic move aims to improve the distribution and liquidity of its shares, thereby increasing the ratio of shares in circulation and potentially enhancing market confidence and shareholder value.
The most recent analyst rating on (JP:6151) stock is a Hold with a Yen1829.00 price target. To see the full list of analyst forecasts on Nitto Kohki Co., Ltd. stock, see the JP:6151 Stock Forecast page.
More about Nitto Kohki Co., Ltd.
Nitto Kohki Co., Ltd. operates in the industrial sector, specializing in the production of high-quality tools, quick connect couplings, and pumps. The company focuses on enhancing the efficiency and performance of industrial operations through its innovative products.
Average Trading Volume: 15,245
Technical Sentiment Signal: Strong Sell
Current Market Cap: Yen30.11B
For detailed information about 6151 stock, go to TipRanks’ Stock Analysis page.