The latest announcement is out from NIPPON STEEL ( (JP:5401) ).
Nippon Steel Corporation has announced that its consolidated subsidiary, Osaka Steel Co., Ltd., will proceed with a tender offer to repurchase its own shares, setting the purchase price at 2,450 yen per share. Nippon Steel has decided to tender all its holdings in Osaka Steel’s common stock, aligning with strategic decisions made during the board meetings held on January 31 and February 14, 2025.
More about NIPPON STEEL
Nippon Steel Corporation operates in the steel industry and is a leading producer of steel products. The company focuses on manufacturing a wide range of steel products that cater to various industries, including construction, automotive, and infrastructure projects.
YTD Price Performance: 21.29%
Average Trading Volume: 2,872
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $23.23B
See more data about 5401 stock on TipRanks’ Stock Analysis page.
Trending Articles:
Questions or Comments about the article? Write to editor@tipranks.com
