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An update from GMO Internet ( (JP:9449) ) is now available.
GMO Internet Group, Inc. announced the repurchase of 342,100 of its own shares for approximately JPY 1.37 billion as part of a long-term share buyback plan. This move is part of a broader strategy to enhance shareholder returns, with a total of up to 4.2 million shares authorized for repurchase, reflecting 4.14% of outstanding shares, at a cost of up to JPY 10 billion.
The most recent analyst rating on (JP:9449) stock is a Hold with a Yen4339.00 price target. To see the full list of analyst forecasts on GMO Internet stock, see the JP:9449 Stock Forecast page.
More about GMO Internet
GMO Internet Group, Inc. operates in the internet industry, providing a wide range of services including internet infrastructure, online advertising, internet finance, and cryptocurrency. The company is headquartered in Tokyo, Japan, and is publicly traded on the Tokyo Stock Exchange.
Average Trading Volume: 240,569
Technical Sentiment Signal: Buy
Current Market Cap: Yen413B
See more data about 9449 stock on TipRanks’ Stock Analysis page.