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Giken Ltd. Announces Share Buyback Progress

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Giken Ltd. Announces Share Buyback Progress

Elevate Your Investing Strategy:

Giken Ltd. ( (JP:6289) ) has provided an update.

Giken Ltd. has announced the acquisition of its own shares, purchasing 162,200 common shares at a total cost of 234,384,292 yen through market purchases on the Tokyo Stock Exchange. This move is part of a broader plan approved by the Board of Directors to acquire up to 450,000 shares, aiming to enhance shareholder value and optimize capital structure.

The most recent analyst rating on (JP:6289) stock is a Hold with a Yen2200.00 price target. To see the full list of analyst forecasts on Giken Ltd. stock, see the JP:6289 Stock Forecast page.

More about Giken Ltd.

Giken Ltd. operates in the industrial sector, focusing on the manufacturing and sale of construction machinery and equipment. The company is listed on the Tokyo Stock Exchange and is known for its innovative solutions in the construction industry.

Average Trading Volume: 61,350

Technical Sentiment Signal: Sell

Current Market Cap: Yen40.02B

See more data about 6289 stock on TipRanks’ Stock Analysis page.

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