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Daido Steel Co ( (JP:5471) ) has provided an update.
Daido Steel Co., Ltd. has completed the repurchase of its own shares, acquiring 6,041,100 common shares at a cost of ¥6,602,922,300 through the Tokyo Stock Exchange’s off-auction trading system. This move aligns with the company’s 2026 Medium-Term Management Plan, aiming to improve capital efficiency and expand shareholder returns, reflecting a strategic response to the evolving business environment.
The most recent analyst rating on (JP:5471) stock is a Hold with a Yen1650.00 price target. To see the full list of analyst forecasts on Daido Steel Co stock, see the JP:5471 Stock Forecast page.
More about Daido Steel Co
Daido Steel Co., Ltd. is a company listed on the Tokyo and Nagoya Stock Exchanges, primarily operating in the steel industry. It focuses on producing and supplying steel products, with a market emphasis on enhancing capital efficiency and shareholder returns.
Average Trading Volume: 745,900
Technical Sentiment Signal: Hold
Current Market Cap: Yen225.3B
For an in-depth examination of 5471 stock, go to TipRanks’ Overview page.