Nichiha Corporation Acquires Own Shares to Boost Shareholder Returns
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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.
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