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Noritz ( (JP:5943) ) has provided an announcement.
Noritz Corporation announced its decision to repurchase up to 220,000 of its own shares at a total cost of 418 million yen through the Tokyo Stock Exchange’s ToSTNeT-3 system. This move is part of a broader strategy approved by the Board of Directors to acquire up to 1.4 million shares by the end of 2025, reflecting the company’s efforts to enhance shareholder value and optimize its capital structure.
The most recent analyst rating on (JP:5943) stock is a Sell with a Yen1550.00 price target. To see the full list of analyst forecasts on Noritz stock, see the JP:5943 Stock Forecast page.
More about Noritz
Noritz Corporation operates in the manufacturing industry, primarily focusing on producing water heaters and heating systems. The company is listed on the Tokyo Stock Exchange and targets the domestic and international markets with its innovative heating solutions.
Average Trading Volume: 80,718
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen82B
See more data about 5943 stock on TipRanks’ Stock Analysis page.