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Ebara ( (JP:6361) ) has provided an update.
Ebara Corporation has announced a decision by its board of directors to repurchase up to 9,090,909 of its common shares, representing 1.97% of its outstanding shares, with a maximum expenditure of 20 billion yen. This strategic move aims to enhance shareholder value and optimize equity levels, reflecting the company’s commitment to long-term growth and stability in the market.
The most recent analyst rating on (JP:6361) stock is a Buy with a Yen3600.00 price target. To see the full list of analyst forecasts on Ebara stock, see the JP:6361 Stock Forecast page.
More about Ebara
Ebara Corporation operates in the industrial sector, focusing on the manufacturing of machinery and equipment. The company is known for its production of pumps, compressors, and other related machinery, serving various industries with a strong emphasis on technological innovation and market expansion.
Average Trading Volume: 2,540,146
Technical Sentiment Signal: Buy
Current Market Cap: Yen1344.9B
For detailed information about 6361 stock, go to TipRanks’ Stock Analysis page.