TSE:4403
TSE:4403Chemicals

How NOF’s (TSE:4403) Buyback and Dividend Hike Could Reshape Its Value Proposition

NOF Corporation announced a comprehensive package including a new share buyback program of up to 2,000,000 shares for ¥5,000 million, increased dividend payments for the fiscal year ending March 2026, and an upward revision to full-year earnings guidance. This sequence of shareholder-friendly actions underscores the company's intent to enhance returns despite ongoing challenges in certain business segments. We'll explore how the commitment to higher dividends and a share repurchase plan...