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Noritz ( (JP:5943) ) has provided an update.
Noritz Corporation announced the progress of its share repurchase program, which was resolved at the Board of Directors’ meeting in February 2025. As of March 31, 2025, the company has acquired 154,700 of its common shares at a total cost of 278,657,530 yen, with plans to continue purchasing up to 1,400,000 shares by the end of the year. This move is part of Noritz’s strategy to enhance shareholder value and optimize its capital structure.
More about Noritz
Noritz Corporation operates in the manufacturing industry, focusing on the production of water heaters and other related products. The company is listed on the Tokyo Stock Exchange and is known for its commitment to innovation and quality in its market offerings.
YTD Price Performance: 13.01%
Average Trading Volume: 100
Technical Sentiment Signal: Sell
Current Market Cap: $525.5M
For detailed information about 5943 stock, go to TipRanks’ Stock Analysis page.