tiprankstipranks
Company Announcements

Noritake Completes Share Acquisition and Plans Treasury Cancellation

Story Highlights
Noritake Completes Share Acquisition and Plans Treasury Cancellation

Discover the Best Stocks and Maximize Your Portfolio:

Noritake Co.,Limited ( (JP:5331) ) has provided an update.

Noritake Co., Limited has completed the acquisition of 57,500 of its own shares and plans to cancel 651,300 treasury shares, as part of its strategic financial management. The cancellation, scheduled for March 10, 2025, will reduce the total number of issued shares, potentially enhancing shareholder value and reinforcing the company’s financial stability.

More about Noritake Co.,Limited

Noritake Co., Limited operates within the ceramics industry, specializing in the production of ceramic products and materials. It has a market focus that includes both Tokyo and Nagoya stock exchanges, indicating its significant presence in the Japanese market.

YTD Price Performance: -5.88%

Average Trading Volume: 3

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €667.7M

For a thorough assessment of 5331 stock, go to TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1