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An announcement from Ajinomoto Co ( (JP:2802) ) is now available.
Ajinomoto Co., Inc. announced the repurchase of 9,824,800 of its own shares, aiming to enhance shareholder returns and improve capital efficiency. This move is part of a broader plan to repurchase up to 50 million shares by November 2025, reflecting the company’s commitment to optimizing its capital structure and potentially increasing shareholder value.
More about Ajinomoto Co
Ajinomoto Co., Inc. operates in the food and chemical industries, primarily known for its production of seasonings, processed foods, beverages, amino acids, and pharmaceuticals. The company focuses on enhancing the quality of life through its diverse product offerings and is a significant player in the global market.
Average Trading Volume: 2,657,868
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen3004.4B
For a thorough assessment of 2802 stock, go to TipRanks’ Stock Analysis page.