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NOF ( (JP:4403) ) just unveiled an announcement.
NOF Corporation has completed a purchase of 1,280,300 of its common shares for a total of 3,593,103,300 yen. This move is part of a broader strategy approved by the Board of Directors to buy back up to 2,000,000 shares, aiming to optimize the company’s capital structure and potentially increase shareholder value.
The most recent analyst rating on (JP:4403) stock is a Buy with a Yen3327.00 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 various chemical products. The company is listed on the Tokyo Stock Exchange and is involved in activities such as the purchase of treasury shares, which indicates a focus on managing its equity structure.
YTD Price Performance: 46.57%
Average Trading Volume: 644,481
Technical Sentiment Signal: Buy
Current Market Cap: Yen748.2B
Learn more about 4403 stock on TipRanks’ Stock Analysis page.