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Nitto Kohki Co., Ltd. ( (JP:6151) ) has shared an announcement.
Nitto Kohki Co., Ltd. has completed the cancellation of 1,600,000 treasury shares, which constituted 7.7% of its total outstanding shares before the cancellation. This strategic move, resolved at a recent Board of Directors’ meeting, is expected to impact the company’s financial structure and shareholder value positively.
More about Nitto Kohki Co., Ltd.
Nitto Kohki Co., Ltd. operates in the manufacturing industry, specializing in the production of high-quality industrial tools, quick connect couplings, and pumps. The company is focused on providing innovative solutions to enhance productivity and efficiency in various industrial sectors.
YTD Price Performance: -27.02%
Average Trading Volume: 10,425
Technical Sentiment Consensus Rating: Buy
Current Market Cap: Yen37.85B
For detailed information about 6151 stock, go to TipRanks’ Stock Analysis page.