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Noritake Announces Share Repurchase and Cancellation Plan

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Noritake Announces Share Repurchase and Cancellation Plan

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Noritake Co.,Limited ( (JP:5331) ) has issued an announcement.

Noritake Co., Limited announced a decision by its Board of Directors to repurchase up to 1,000,000 of its own shares, representing 3.52% of the total issued shares, as part of its 13th Three-Year Business Plan aimed at enhancing shareholder returns. The repurchased shares will be canceled, with the process scheduled to be completed by September 10, 2025, reflecting the company’s strategic focus on optimizing capital structure and delivering value to its shareholders.

More about Noritake Co.,Limited

Noritake Co., Limited is a company involved in the manufacturing industry, primarily focusing on ceramics and related products. The company is listed on the Tokyo and Nagoya stock exchanges and is known for its commitment to enhancing shareholder value.

Average Trading Volume: 69,776

Technical Sentiment Signal: Buy

Current Market Cap: Yen126.5B

Find detailed analytics on 5331 stock on TipRanks’ Stock Analysis page.

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