Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Ebara Jitsugyo Co., Ltd. ( (JP:6328) ) has provided an update.
Ebara Jitsugyo Co., Ltd. has announced the disposal of 123,000 treasury shares through a third-party allotment to Sumitomo Mitsui Trust Bank, Limited, as part of a Trust-Type Employee Stock Ownership Plan (ESOP). This initiative aims to enhance employee asset formation and corporate value by encouraging employee participation in corporate management. The disposal is expected to have a minimal impact on the market, with a dilution scale of 0.95% of the total shares outstanding. The plan is designed to promote long-term company development and employee motivation through capital participation.
The most recent analyst rating on (JP:6328) stock is a Buy with a Yen4866.00 price target. To see the full list of analyst forecasts on Ebara Jitsugyo Co., Ltd. stock, see the JP:6328 Stock Forecast page.
More about Ebara Jitsugyo Co., Ltd.
Ebara Jitsugyo Co., Ltd. operates in the industrial sector, focusing on providing engineering solutions and services. The company is known for its involvement in the manufacturing and distribution of machinery and equipment, catering to various industrial needs.
Average Trading Volume: 19,953
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen49.85B
Find detailed analytics on 6328 stock on TipRanks’ Stock Analysis page.