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Nippon Electric Glass Announces Share Repurchase Plan

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Nippon Electric Glass Announces Share Repurchase Plan

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Nippon Electric Glass Co ( (JP:5214) ) just unveiled an update.

Nippon Electric Glass Co., Ltd. announced a share repurchase plan aimed at improving capital efficiency and enhancing shareholder returns as part of its medium-term management plan ‘EGP2028’. The company plans to repurchase up to 7 million common shares, representing 8.67% of total outstanding shares, with a budget of up to 20 billion yen, using market trades on the Tokyo Stock Exchange from February 6, 2025, to December 23, 2025.

More about Nippon Electric Glass Co

Nippon Electric Glass Co., Ltd. is a company listed on the Prime Market of the Tokyo Stock Exchange, known for its focus on the glass industry. The company engages primarily in the production and sales of various types of glass products.

YTD Price Performance: 1.75%

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $1.73B

See more insights into 5214 stock on TipRanks’ Stock Analysis page.

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