Nippon Kayaku Co ( (JP:4272) ) has shared an update.
Nippon Kayaku Co., Ltd. announced the acquisition of 839,200 of its own common shares from the open market on the Tokyo Stock Exchange, with a total acquisition cost of 1,134,129,900 yen. This move is part of a larger plan approved by the Board of Directors to acquire up to 6.5 million shares, aiming to enhance shareholder value and optimize capital structure.
More about Nippon Kayaku Co
Nippon Kayaku Co., Ltd. operates in the chemical industry and is listed on the Tokyo Stock Exchange. The company focuses on producing a variety of chemical products, including pharmaceuticals, functional chemicals, and explosives, catering to both domestic and international markets.
YTD Price Performance: 13.82%
Average Trading Volume: 141
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €1.4B
Learn more about 4272 stock on TipRanks’ Stock Analysis page.