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NOF ( (JP:4403) ) has provided an announcement.
NOF Corporation has announced a decision to purchase up to 2,000,000 of its own shares as part of its strategy to ensure stable returns to shareholders, in line with its Mid-Term Management Plan ‘NOF VISION 2030 Stage II’. This move reflects the company’s commitment to maintaining a total payout ratio of around 50% by FY2025, highlighting its focus on shareholder value and financial stability.
The most recent analyst rating on (JP:4403) stock is a Buy with a Yen2919.00 price target. To see the full list of analyst forecasts on NOF stock, see the JP:4403 Stock Forecast page.
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 and is known for its commitment to providing stable returns to its shareholders.
Average Trading Volume: 606,686
Technical Sentiment Signal: Buy
Current Market Cap: Yen653.9B
For an in-depth examination of 4403 stock, go to TipRanks’ Overview page.