The latest announcement is out from NIPPON STEEL ( (JP:5401) ).
Nippon Steel Corporation announced the completion of a tender offer by its subsidiary, Osaka Steel Co., Ltd., for its own shares. The offer, which began on February 17, 2025, concluded with Osaka Steel purchasing 9,000,000 shares of its common stock from Nippon Steel. This move is part of Nippon Steel’s strategic financial management, potentially impacting its market positioning and stakeholder interests.
More about NIPPON STEEL
Nippon Steel Corporation operates in the steel manufacturing industry, focusing on producing and supplying steel products. The company is a major player in the global steel market, with a diverse range of steel solutions catering to various industries.
YTD Price Performance: 9.12%
Average Trading Volume: 2,548
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $24.05B
See more data about 5401 stock on TipRanks’ Stock Analysis page.