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Daihen Corporation ( (JP:6622) ) has shared an announcement.
Daihen Corporation has approved a share repurchase using the Tokyo Stock Exchange’s off-auction own share repurchase trading system (ToSTNeT-3), mandating the buyback of up to 250,000 common shares—equivalent to 1.0% of its issued shares excluding treasury stock—at the February 3 closing price of ¥11,690, with a maximum outlay of approximately ¥2.92 billion on February 4, 2026. Following this ToSTNeT-3 transaction, the company plans additional market purchases under a discretionary investment contract to bring the total repurchase up to the previously authorized ceiling of 300,000 shares or ¥4.0 billion, and intends to cancel 300,000 shares (1.2% of shares outstanding) on February 13, 2026, a move that is expected to enhance capital efficiency and potentially support shareholder value by reducing the number of shares in circulation.
The most recent analyst rating on (JP:6622) stock is a Buy with a Yen12500.00 price target. To see the full list of analyst forecasts on Daihen Corporation stock, see the JP:6622 Stock Forecast page.
More about Daihen Corporation
Daihen Corporation is a Japan-based industrial manufacturer listed on the Tokyo Stock Exchange Prime and Fukuoka Stock Exchange, known for products and solutions in power transmission, distribution systems, and related electrical equipment, serving utilities and industrial customers in domestic and overseas markets.
Average Trading Volume: 270,476
Technical Sentiment Signal: Buy
Current Market Cap: Yen264.8B
See more insights into 6622 stock on TipRanks’ Stock Analysis page.