Nichiha Corporation Acquires Own Shares to Boost Shareholder Returns
Nichiha Corporation (JP:7943) has announced the acquisition of 106,900 of its own shares in October to enhance shareholder returns and improve capital efficiency. This initiative is part of the company's First Medium-Term Management Plan, which aims to adapt to changing business environments. The latest analyst rating for Nichiha stock is a Hold, with a price target of Yen3207.00. The company operates in the construction materials industry, focusing on fiber cement products, and has a current market cap of Yen100.5B.
An update from Nichiha Corporation ( (JP:7943) ) is now available.
Nichiha Corporation announced the acquisition of 106,900 of its own shares in October, as part of a broader strategy to enhance shareholder returns and improve capital efficiency. This move aligns with the company’s First Medium-Term Management Plan, aiming to adapt to changing business environments and implement flexible capital policies.
The most recent analyst rating on (JP:7943) stock is a Hold with a Yen3207.00 price target. To see the full list of analyst forecasts on Nichiha Corporation stock, see the JP:7943 Stock Forecast page.
More about Nichiha Corporation
Nichiha Corporation operates in the construction materials industry, focusing on the production and distribution of fiber cement products. The company is known for its innovative building materials and solutions, catering to both residential and commercial markets.
Average Trading Volume: 90,439
Technical Sentiment Signal: Sell
Current Market Cap: Yen100.5B
See more data about 7943 stock on TipRanks’ Stock Analysis page.
