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The latest update is out from Rinnai ( (JP:5947) ).
Rinnai Corporation announced the status of its share buyback program, which was approved by the Board of Directors on May 9, 2025. As of May 31, 2025, the company has acquired 405,300 shares worth approximately ¥1.46 billion, as part of a larger plan to buy back up to 4 million shares with a maximum value of ¥10 billion. This move is likely aimed at enhancing shareholder value and optimizing the company’s capital structure.
The most recent analyst rating on (JP:5947) stock is a Hold with a Yen3700.00 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 the production of heating appliances and related products. The company is listed on the Tokyo and Nagoya Stock Exchanges, indicating its significant presence in the Japanese market.
Average Trading Volume: 385,299
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen514.2B
For detailed information about 5947 stock, go to TipRanks’ Stock Analysis page.