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Denyo Co., Ltd. ( (JP:6517) ) has provided an update.
Denyo Co., Ltd. announced a decision by its Board of Directors to repurchase up to 300,000 shares of its own stock, representing 1.46% of issued shares, with a maximum acquisition cost of 1,000 million yen. This move is aimed at improving capital efficiency and shareholder returns, while also allowing for flexible capital policies in the future.
The most recent analyst rating on (JP:6517) stock is a Buy with a Yen3310.00 price target. To see the full list of analyst forecasts on Denyo Co., Ltd. stock, see the JP:6517 Stock Forecast page.
More about Denyo Co., Ltd.
Denyo Co., Ltd. operates in the manufacturing industry, focusing on the production of power generators, welding machines, and air compressors. The company is listed on the Tokyo Stock Exchange and is known for its commitment to enhancing capital efficiency and shareholder returns.
Average Trading Volume: 23,701
Technical Sentiment Signal: Buy
Current Market Cap: Yen57.3B
For a thorough assessment of 6517 stock, go to TipRanks’ Stock Analysis page.