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Amano ( (JP:6436) ) has provided an announcement.
Amano Corporation’s Board of Directors has approved the cancellation of up to 5,551,700 shares of its treasury stock, representing 7.24% of the total shares outstanding before cancellation. This move, scheduled for August 8, 2025, is part of a broader strategy initiated in April 2025 to manage its stock portfolio, which includes acquiring up to 900,000 shares. The cancellation will reduce the total number of shares outstanding to approximately 71.1 million, potentially impacting shareholder value and market perception.
The most recent analyst rating on (JP:6436) stock is a Buy with a Yen5000.00 price target. To see the full list of analyst forecasts on Amano stock, see the JP:6436 Stock Forecast page.
More about Amano
Amano Corporation operates in the manufacturing industry, focusing on the production of common stock. The company is listed on the TSE Prime Market and is involved in corporate planning and stock management.
Average Trading Volume: 142,638
Technical Sentiment Signal: Buy
Current Market Cap: Yen335.7B
Learn more about 6436 stock on TipRanks’ Stock Analysis page.