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NOF ( (JP:4403) ) just unveiled an announcement.
NOF Corporation has announced the purchase of 1,155,200 of its own common shares for a total of 2,765,988,100 yen, conducted through open-market transactions on the Tokyo Stock Exchange. This move is part of a larger plan approved by the Board of Directors to buy back up to 5,000,000 shares, aiming 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. The company is listed on the Tokyo Stock Exchange’s Prime Market.
YTD Price Performance: 17.19%
Average Trading Volume: 698,749
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen604.4B
For an in-depth examination of 4403 stock, go to TipRanks’ Stock Analysis page.