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Amano Corporation’s Strategic Stock Repurchase Update

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Amano Corporation’s Strategic Stock Repurchase Update

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Amano ( (JP:6436) ) just unveiled an update.

Amano Corporation announced the acquisition of 232,900 shares of its common stock at a total cost of JPY 1,013,527,797, as part of a broader stock repurchase plan. This move is part of a resolution to acquire up to 900,000 shares, representing 1.25% of the total shares issued, with a maximum budget of JPY 4,000 million, aimed at enhancing shareholder value.

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 technology and manufacturing industry, focusing on the production of time information systems, parking systems, and environmental systems. The company is listed on the Tokyo Stock Exchange Prime Market.

Average Trading Volume: 157,362

Technical Sentiment Signal: Buy

Current Market Cap: Yen331.1B

Learn more about 6436 stock on TipRanks’ Stock Analysis page.

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