tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

ERI Holdings Sets Price for Treasury Stock Repurchase

Story Highlights
ERI Holdings Sets Price for Treasury Stock Repurchase

Meet Your ETF AI Analyst

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

ERI Holdings Co., Ltd. has announced the determination of the acquisition price for its treasury stock through off-auction own share repurchase trading. The purchase price is set at 2,957 yen per share, with a total acquisition cost capped at ¥396,000,000 for up to 120,000 shares, representing 1.58% of the total issued shares. This strategic move is aimed at optimizing the company’s capital structure and potentially enhancing shareholder value.

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

For an in-depth examination of 6083 stock, go to TipRanks’ Overview 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