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DaikyoNishikawa Corp. ( (JP:4246) ) has issued an announcement.
DaikyoNishikawa Corporation has completed the acquisition of 739,100 of its own common shares, amounting to a total cost of 550,706,104 yen. This move is part of a broader strategy resolved by the Board of Directors to acquire up to 4,250,000 shares, with the aim of canceling all treasury shares acquired by November 28, 2025. The acquisition is conducted through market purchases on the Tokyo Stock Exchange, reflecting the company’s strategic financial management and potential impact on shareholder value.
The most recent analyst rating on (JP:4246) stock is a Buy with a Yen819.00 price target. To see the full list of analyst forecasts on DaikyoNishikawa Corp. stock, see the JP:4246 Stock Forecast page.
More about DaikyoNishikawa Corp.
DaikyoNishikawa Corporation operates in the manufacturing industry, focusing on the production of automotive components. The company is listed on the Tokyo Stock Exchange and is involved in the market for automotive parts and materials.
Average Trading Volume: 168,755
Technical Sentiment Signal: Buy
Current Market Cap: Yen55.39B
See more insights into 4246 stock on TipRanks’ Stock Analysis page.