NOF (JP:4403) has released an update.
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NOF Corporation has announced a plan to purchase up to 2.5 million of its own shares, valued at a maximum of 5 billion yen, as part of its strategy to provide stable returns to shareholders. This move aligns with the company’s Mid-Term Management Plan, targeting a payout ratio of around 50% by the fiscal year 2025.
For further insights into JP:4403 stock, check out TipRanks’ Stock Analysis page.