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Nihon Kohden Corporation ( (JP:6849) ) just unveiled an update.
Nihon Kohden Corporation announced the ongoing status of its share buyback program, which was resolved by its Board of Directors in May 2024. As of January 31, 2025, the company has acquired 3,702,000 of its own shares, amounting to a total acquisition cost of 7,687,186,000 yen, with the acquisitions conducted via market purchases on the Tokyo Stock Exchange. This move is part of an ongoing acquisition plan to purchase up to 6,000,000 shares by March 31, 2025, reflecting the company’s strategic financial management and potential efforts to enhance shareholder value.
More about Nihon Kohden Corporation
Nihon Kohden Corporation is a company listed on the Prime Market of the Tokyo Stock Exchange, headquartered in Tokyo. It operates primarily in the medical equipment industry, focusing on producing products such as patient monitoring systems, defibrillators, and other diagnostic equipment.
YTD Price Performance: 2.97%
Average Trading Volume: 456,303
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: Yen370.6B
Learn more about 6849 stock on TipRanks’ Stock Analysis page.
