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GMO Internet Group Completes Share Repurchase Program

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GMO Internet Group Completes Share Repurchase Program

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GMO Internet ( (JP:9449) ) has issued an update.

GMO Internet Group, Inc. has completed a share repurchase program, acquiring 78,000 of its common shares at a total cost of JPY 305,127,100. This move is part of a long-term strategy to enhance shareholder returns, as outlined in a previous policy revision, and aims to repurchase up to 4.40% of outstanding shares by February 2026.

The most recent analyst rating on (JP:9449) stock is a Hold with a Yen4215.00 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 technology industry, focusing on internet infrastructure, online advertising, internet finance, and cryptocurrency-related services. The company is headquartered in Tokyo, Japan, and is listed on the Tokyo Stock Exchange.

YTD Price Performance: 44.60%

Average Trading Volume: 239,696

Technical Sentiment Signal: Buy

Current Market Cap: Yen400.4B

For a thorough assessment of 9449 stock, go to TipRanks’ Stock Analysis page.

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