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Azbil Corporation ( (JP:6845) ) has provided an update.
Azbil Corporation has completed the cancellation of 19,300,000 treasury shares, which represents 3.4% of its total issued shares, as per Article 178 of the Companies Act of Japan. This move reduces the total number of issued shares to 541,372,736, potentially impacting shareholder value and reflecting the company’s strategic financial management.
The most recent analyst rating on (JP:6845) stock is a Buy with a Yen1450.00 price target. To see the full list of analyst forecasts on Azbil Corporation stock, see the JP:6845 Stock Forecast page.
More about Azbil Corporation
Azbil Corporation operates in the industrial automation sector, providing solutions and services that enhance productivity and efficiency in various industries. The company is listed on the Prime Market of the Tokyo Stock Exchange and focuses on developing innovative technologies to improve operational processes.
Average Trading Volume: 1,263,466
Technical Sentiment Signal: Buy
Current Market Cap: Yen695.1B
See more insights into 6845 stock on TipRanks’ Stock Analysis page.