tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

AIRMAN CORPORATION Announces Treasury Share Purchase

Story Highlights
AIRMAN CORPORATION Announces Treasury Share Purchase

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1