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Rinnai ( (JP:5947) ) has provided an update.
Rinnai Corporation announced the status of its ongoing share buyback program, revealing that it has acquired 397,400 shares worth approximately ¥1.44 billion between June 1 and June 30, 2025. This move is part of a larger plan approved by the Board of Directors to buy back up to 4 million shares, valued at a maximum of ¥10 billion, by November 28, 2025, which aims to enhance shareholder value and optimize 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 producing heating appliances, including gas appliances and water heaters. 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: 336,747
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen511.3B
Find detailed analytics on 5947 stock on TipRanks’ Stock Analysis page.