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Nitto Denko Announces Strategic Share Repurchase Plan

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Nitto Denko Announces Strategic Share Repurchase Plan

Nitto Denko ( (JP:6988) ) has provided an announcement.

Nitto Denko Corporation has announced the repurchase of up to 34,000,000 of its common stock shares, representing 4.84% of the total issued shares excluding treasury shares. This decision is part of the company’s strategy to execute agile capital management in response to changing business environments and aims to enhance shareholder returns.

More about Nitto Denko

YTD Price Performance: 1.58%

Average Trading Volume: 4,229

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $12.49B

See more data about 6988 stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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