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DENSO Announces Share Repurchase Plan Linked to Toyota Industries Tender Offer

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DENSO Announces Share Repurchase Plan Linked to Toyota Industries Tender Offer

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DENSO ( (JP:6902) ) has provided an update.

DENSO Corporation has announced its intention to repurchase its own shares through a tender offer, contingent on the successful completion of a related tender offer for Toyota Industries by Toyota Fudosan. This strategic move is expected to impact DENSO’s shareholding structure and could have implications for its market positioning and stakeholder interests.

The most recent analyst rating on (JP:6902) stock is a Buy with a Yen2800.00 price target. To see the full list of analyst forecasts on DENSO stock, see the JP:6902 Stock Forecast page.

More about DENSO

DENSO Corporation operates in the automotive industry, providing advanced automotive technology, systems, and components for major automakers. The company focuses on developing innovative solutions to enhance vehicle performance and safety.

Average Trading Volume: 8,310,088

Technical Sentiment Signal: Hold

Current Market Cap: Yen5166.4B

See more data about 6902 stock on TipRanks’ Stock Analysis page.

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