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Rinnai ( (JP:5947) ) has issued an update.
Rinnai Corporation announced a share buyback and cancellation plan to improve shareholder return and capital efficiency, aiming to enhance corporate value. The company plans to acquire up to 4 million shares, representing 2.84% of its total shares, with a maximum value of ¥10 billion, during the period from May 12, 2025, to November 28, 2025, and will cancel these shares by December 15, 2025.
More about Rinnai
Rinnai Corporation operates in the manufacturing industry, primarily focusing on producing heating appliances such as water heaters, boilers, and gas appliances. The company is listed on the Tokyo and Nagoya Stock Exchanges and is known for its commitment to enhancing shareholder value and capital efficiency.
Average Trading Volume: 396,735
Technical Sentiment Signal: Hold
Current Market Cap: Yen464.9B
For an in-depth examination of 5947 stock, go to TipRanks’ Stock Analysis page.