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Noritz Advances Share Repurchase Program

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The latest announcement is out from Noritz ( (JP:5943) ).

Noritz Corporation announced the progress of its share repurchase program, having acquired 183,200 shares at a cost of 312,593,770 yen between April 1 and April 30, 2025. This initiative is part of a broader plan approved in February 2025 to repurchase up to 1,400,000 shares, aiming to enhance shareholder value and optimize capital structure.

More about Noritz

Noritz Corporation operates in the manufacturing industry, primarily focusing on producing water heaters and related products. The company is listed on the Tokyo Stock Exchange and targets both domestic and international markets.

YTD Price Performance: 16.44%

Technical Sentiment Signal: Strong Sell

Current Market Cap: $535.9M

Learn more about 5943 stock on TipRanks’ Stock Analysis page.

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