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Rinnai ( (JP:5947) ) has provided an announcement.
Rinnai Corporation announced the status of its ongoing share buyback program, which was initiated following a Board of Directors resolution in May 2025. As of the end of July, the company has acquired 1,276,000 shares valued at approximately ¥4.64 billion, with the buyback period set to continue until November 28, 2025. This move is part of Rinnai’s strategy to optimize its capital structure and potentially enhance shareholder value.
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, specializing in the production of 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: 309,138
Technical Sentiment Signal: Buy
Current Market Cap: Yen541.8B
For an in-depth examination of 5947 stock, go to TipRanks’ Overview page.