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Nippon Yusen Revises Dividend Forecast Amid Strategic Share Acquisition
Company Announcements

Nippon Yusen Revises Dividend Forecast Amid Strategic Share Acquisition

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Nippon Yusen Kabushiki Kaisha ( (JP:9101) ) has provided an update.

Nippon Yusen Kabushiki Kaisha has revised its year-end dividend forecast for the fiscal year ending March 2025, increasing the dividend by ¥50 per share to ¥180 per share, resulting in an annual dividend of ¥310 per share. This decision reflects the company’s commitment to stable shareholder returns, considering recent business performance and its strategic acquisition of treasury shares amounting to 25,815,800 shares by January 2025.

More about Nippon Yusen Kabushiki Kaisha

Nippon Yusen Kabushiki Kaisha is a prominent player in the shipping and logistics industry, focusing on providing maritime transport services and logistics solutions. The company operates in the global market, emphasizing stable profit returns to shareholders as a key management priority.

YTD Price Performance: -5.14%

Average Trading Volume: 1,021

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $14.17B

For a thorough assessment of 9101 stock, go to TipRanks’ Stock Analysis page.

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