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Noritake Co.,Limited ( (JP:5331) ) has shared an update.
Noritake Co., Limited has reported the acquisition of 145,000 of its own common shares, costing approximately 548.8 million yen, through market purchases on the Tokyo Stock Exchange. This move is part of a broader buyback effort authorized by the company’s board, which aims to acquire up to 750,000 shares by mid-February 2025, reflecting Noritake’s strategy to enhance shareholder value and optimize its capital structure.
More about Noritake Co.,Limited
Noritake Co., Limited operates in the ceramics industry, focusing on the production and distribution of tableware, industrial ceramics, and electronic materials. The company is known for its innovation in ceramic technology and holds a significant market presence in both domestic and international markets.
YTD Price Performance: 2.52%
Average Trading Volume: 3
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €715M
For an in-depth examination of 5331 stock, go to TipRanks’ Stock Analysis page.
