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Alps Alpine Co ( (JP:6770) ) just unveiled an update.
Alps Alpine Co., Ltd. announced the completion of the cancellation of 11,177,700 treasury shares, representing 5% of its total outstanding shares, as part of its shareholder return policy. This move is aimed at improving capital efficiency and enhancing shareholder value per share, aligning with the company’s medium-term management plan to achieve higher return on equity (ROE).
The most recent analyst rating on (JP:6770) stock is a Hold with a Yen1910.00 price target. To see the full list of analyst forecasts on Alps Alpine Co stock, see the JP:6770 Stock Forecast page.
More about Alps Alpine Co
Alps Alpine Co., Ltd. operates in the electronics industry, focusing on the production of electronic components, automotive infotainment systems, and communication devices. The company is known for its innovation in creating high-quality products that cater to both consumer electronics and automotive markets.
Average Trading Volume: 1,025,524
Technical Sentiment Signal: Buy
Current Market Cap: Yen399.6B
For detailed information about 6770 stock, go to TipRanks’ Stock Analysis page.