tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Rinnai Corporation Updates on Share Buyback Progress

Story Highlights
Rinnai Corporation Updates on Share Buyback Progress

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Rinnai ( (JP:5947) ) has issued an update.

Rinnai Corporation has announced the status of its ongoing share buyback program, which was approved by the Board of Directors in May 2025. As of August 31, 2025, the company has acquired 1,665,100 shares worth ¥6,134,560,000, with the acquisition period set to continue until November 28, 2025. This strategic move is part of Rinnai’s efforts to manage its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (JP:5947) stock is a Hold with a Yen4100.00 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 Tokyo and Nagoya Stock Exchanges and focuses on providing high-quality heating solutions to its market.

Average Trading Volume: 279,966

Technical Sentiment Signal: Buy

Current Market Cap: Yen523B

Find detailed analytics on 5947 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1