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Nikon ( (JP:7731) ) has provided an update.
Nikon Corporation has repurchased 4,295,800 shares of its common stock for a total of 7,218,570,750 yen between January 1 and January 31, 2025, through open market purchases on the Tokyo Stock Exchange. This share repurchase is part of a broader initiative approved by Nikon’s Board of Directors to buy back up to 30 million shares, representing 8.7% of the company’s issued shares, with a total repurchase limit of 30 billion yen. This move may strengthen Nikon’s stock value and position in the market by optimizing its capital structure.
More about Nikon
Nikon Corporation operates in the optical and imaging industry, primarily known for its cameras, camera lenses, and optical equipment. The company focuses on providing high-quality imaging products and solutions to the global market.
YTD Price Performance: 3.60%
Average Trading Volume: 1,131
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $3.55B
For detailed information about 7731 stock, go to TipRanks’ Stock Analysis page.
