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NOF Corporation Advances Treasury Share Buyback Strategy

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NOF Corporation Advances Treasury Share Buyback Strategy

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NOF ( (JP:4403) ) has shared an announcement.

NOF Corporation announced the purchase of 1,029,600 treasury shares for approximately 2.75 billion yen, conducted through open-market transactions on the Tokyo Stock Exchange. This move is part of a broader strategy approved by the Board of Directors to acquire up to 5 million shares by September 2025, reflecting the company’s efforts to enhance shareholder value and optimize capital structure.

More about NOF

NOF Corporation operates in the chemical industry, focusing on the production and distribution of chemical products. It is listed on the Tokyo Stock Exchange and is known for its commitment to innovation and market expansion.

Average Trading Volume: 689,235

Technical Sentiment Signal: Buy

Current Market Cap: Yen656.8B

For detailed information about 4403 stock, go to TipRanks’ Stock Analysis page.

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