Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
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.
Trending Articles:
- “The No. 1 Destination for the Most Talented Artists”: Netflix Stock (NASDAQ:NFLX) Notches Up as the Duffer Brothers Consider Jumping Ship
- “Breakthrough EVs”: Ford Stock (NYSE:F) Notches Up on New Battery Details
- “An Equity Stake”: Intel Stock (NASDAQ:INTC) Surges as U.S. Government May Buy In With CHIPS Act Money