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The latest update is out from Nihon Kohden Corporation ( (JP:6849) ).
Nihon Kohden Corporation announced the status of its ongoing share buyback program, initially resolved by its Board of Directors in May 2024. As of the end of December 2024, the company acquired 528,500 of its own common shares through market purchases on the Tokyo Stock Exchange, amounting to approximately 1.1 billion yen. This move is part of a larger plan to acquire up to 6 million shares by March 2025, reflecting a strategic effort to optimize capital structure and potentially enhance shareholder value.
More about Nihon Kohden Corporation
Nihon Kohden Corporation operates in the medical equipment industry, primarily focusing on the development and manufacturing of advanced medical electronic equipment, including patient monitors, defibrillators, and EEG systems.
YTD Price Performance: 0%
Average Trading Volume: 534,559
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: Yen359.9B
See more insights into 6849 stock on TipRanks’ Stock Analysis page.
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