tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

East Japan Railway Completes Strategic Share Repurchase

Story Highlights
East Japan Railway Completes Strategic Share Repurchase

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

An announcement from East Japan Railway Company ( (JP:9020) ) is now available.

East Japan Railway Company has completed a share repurchase of 2,404,700 shares, representing 0.21% of its total issued shares, for approximately 7.74 billion yen. This move is part of a strategy to support an upcoming employee stock compensation plan and to maintain a flexible capital policy, potentially enhancing employee benefits and optimizing capital management.

The most recent analyst rating on (JP:9020) stock is a Buy with a Yen4000.00 price target. To see the full list of analyst forecasts on East Japan Railway Company stock, see the JP:9020 Stock Forecast page.

More about East Japan Railway Company

East Japan Railway Company operates in the transportation industry, primarily focusing on railway services. It is a major player in Japan’s railway sector, providing essential transit services across the eastern regions of the country.

Average Trading Volume: 2,413,358

Technical Sentiment Signal: Buy

Current Market Cap: Yen3564.9B

See more data about 9020 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1