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Nippon Electric Glass Announces Share Repurchase Status

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Nippon Electric Glass Announces Share Repurchase Status

Nippon Electric Glass Co ( (JP:5214) ) has shared an update.

Nippon Electric Glass Co., Ltd. announced the status of its share repurchase program, which was resolved in a Board of Directors meeting on February 5, 2025. The company repurchased 862,400 shares for a total amount of 3,113,466,200 yen between February 6 and February 28, 2025, as part of a broader plan to repurchase up to 7 million shares by December 23, 2025. This move is likely to impact the company’s stock value and shareholder equity positively.

More about Nippon Electric Glass Co

Nippon Electric Glass Co., Ltd. operates in the glass manufacturing industry, focusing on producing high-quality glass products for various applications. The company is listed on the Prime Market of the Tokyo Stock Exchange.

YTD Price Performance: 5.36%

Average Trading Volume: 733

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $1.88B

For detailed information about 5214 stock, go to TipRanks’ Stock Analysis page.

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