Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Ajinomoto Co ( (JP:2802) ) has shared an update.
Ajinomoto Co., Inc. has announced a decision to repurchase up to 50 million of its own shares, representing 5.03% of its total issued shares, with a maximum repurchase cost of JPY 100 billion. This move aims to enhance shareholder returns and improve capital efficiency, with plans to cancel all repurchased shares to optimize the company’s capital structure.
More about Ajinomoto Co
Ajinomoto Co., Inc. operates in the food and biotechnology industry, primarily focusing on the production of seasonings, processed foods, beverages, amino acids, and pharmaceuticals. The company is well-known for its market-leading products and innovative solutions in the food and health sectors.
Average Trading Volume: 2,657,868
Technical Sentiment Signal: Buy
Current Market Cap: Yen3004.4B
Find detailed analytics on 2802 stock on TipRanks’ Stock Analysis page.