Nichias Corporation Reports May 2025 Treasury Stock Purchase Status

Tip Ranks
2025.06.05 04:25
portai
I'm PortAI, I can summarize articles.

Nichias Corporation (JP:5393) has reported its treasury stock purchase status for May 2025, acquiring 117,600 common shares for 580,512,400 yen on the Tokyo Stock Exchange. This buyback is part of a broader plan to repurchase up to 1,000,000 shares by September 2025, which may influence shareholder value and market perception. Nichias specializes in manufacturing insulation materials and sealing products, serving high-performance material markets. Current market cap stands at Yen333B with a strong buy technical sentiment.