TSE:8174Gas Utilities
Assessing Nippon Gas (TSE:8174) Valuation After New Share Buyback Aimed At Lifting Return On Equity
Nippon Gas (TSE:8174) has approved a share repurchase program of up to 1,500,000 shares, representing 1.41% of its issued share capital, with a total value of ¥3,000 million. The company states that the purpose of the program is to increase return on equity.
See our latest analysis for Nippon Gas.
At a share price of ¥2,749.0, Nippon Gas has seen its 30 day share price return fall 4.98% and its 90 day share price return fall 10.75%, while the 1 year total shareholder return is 12.57%. This...