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Rinnai ( (JP:5947) ) has provided an update.
Rinnai Corporation has completed a share buyback program, acquiring a total of 2,761,800 shares valued at approximately ¥9.999 billion. The company plans to cancel these shares on December 15, 2025, which represents 1.92% of its total shares issued and outstanding before cancellation. This move is part of Rinnai’s strategic financial management to optimize its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (JP:5947) stock is a Buy with a Yen3828.00 price target. To see the full list of analyst forecasts on Rinnai stock, see the JP:5947 Stock Forecast page.
More about Rinnai
Rinnai Corporation operates in the manufacturing industry, primarily focusing on producing heating appliances, including water heaters and boilers. The company is listed on the Prime Section of the Tokyo Stock Exchange and the Premiere Section of the Nagoya Stock Exchange.
Average Trading Volume: 317,626
Technical Sentiment Signal: Hold
Current Market Cap: Yen485.3B
Find detailed analytics on 5947 stock on TipRanks’ Stock Analysis page.