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Eiken Chemical Co., Ltd. ( (JP:4549) ) has provided an update.
Eiken Chemical Co., Ltd. has completed the cancellation of 4,000,000 treasury shares, which constituted 10.38% of its total issued shares before cancellation. This strategic move, resolved by the Board of Directors, is likely aimed at optimizing the company’s capital structure and could have implications for shareholder value and market perception.
The most recent analyst rating on (JP:4549) stock is a Hold with a Yen2515.00 price target. To see the full list of analyst forecasts on Eiken Chemical Co., Ltd. stock, see the JP:4549 Stock Forecast page.
More about Eiken Chemical Co., Ltd.
Eiken Chemical Co., Ltd. operates in the chemical industry, focusing on the development and production of diagnostic reagents and equipment. The company is known for its contributions to healthcare through innovative diagnostic solutions.
Average Trading Volume: 72,236
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen75.12B
See more insights into 4549 stock on TipRanks’ Stock Analysis page.