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ERI Holdings Announces Share Buyback to Boost Capital Efficiency

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ERI Holdings Announces Share Buyback to Boost Capital Efficiency

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The latest announcement is out from ERI Holdings Co., Ltd. ( (JP:6083) ).

ERI Holdings Co., Ltd. has announced a decision by its Board of Directors to acquire its own shares, aiming to enhance capital efficiency and maintain a flexible capital policy in response to the evolving business environment. The company plans to purchase up to 120,000 common shares, representing 1.58% of its total issued shares, with a maximum expenditure of ¥396,000,000, through the Tokyo Stock Exchange’s off-auction own share repurchase trading system.

The most recent analyst rating on (JP:6083) stock is a Buy with a Yen3261.00 price target. To see the full list of analyst forecasts on ERI Holdings Co., Ltd. stock, see the JP:6083 Stock Forecast page.

More about ERI Holdings Co., Ltd.

Average Trading Volume: 23,636

Technical Sentiment Signal: Buy

Current Market Cap: Yen22.81B

Find detailed analytics on 6083 stock on TipRanks’ Stock Analysis page.

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