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HOKUETSU INDUSTRIES CO., LTD. ( (JP:6364) ) has shared an announcement.
AIRMAN CORPORATION has announced the purchase of 79,900 treasury shares at a cost of 164,312,800 yen, as part of a broader strategy approved by the Board of Directors to buy back up to 600,000 shares. This move is intended to optimize the company’s capital structure and potentially enhance shareholder value, reflecting a proactive approach to managing its financial resources.
The most recent analyst rating on (JP:6364) stock is a Buy with a Yen2413.00 price target. To see the full list of analyst forecasts on HOKUETSU INDUSTRIES CO., LTD. stock, see the JP:6364 Stock Forecast page.
More about HOKUETSU INDUSTRIES CO., LTD.
AIRMAN CORPORATION operates in the industrial machinery sector, focusing on the production of air compressors and related equipment. The company is listed on the Tokyo Stock Exchange and aims to enhance its market position through strategic financial maneuvers.
Average Trading Volume: 28,211
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen60.62B
For a thorough assessment of 6364 stock, go to TipRanks’ Stock Analysis page.