tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Hamamatsu Photonics Announces Progress in Share Repurchase Program

Story Highlights
Hamamatsu Photonics Announces Progress in Share Repurchase Program

TipRanks Cyber Monday Sale

Hamamatsu Photonics KK ( (JP:6965) ) has provided an update.

Hamamatsu Photonics K.K. has announced the status of its share repurchase program, revealing that it has acquired 2,658,800 of its common shares at a total cost of 4,198,919,400 yen. This move is part of a larger plan approved by the Board of Directors to repurchase up to 15 million shares, valued at up to 20 billion yen, by September 2026, which is aimed at enhancing shareholder value and optimizing capital structure.

The most recent analyst rating on (JP:6965) stock is a Buy with a Yen2034.00 price target. To see the full list of analyst forecasts on Hamamatsu Photonics KK stock, see the JP:6965 Stock Forecast page.

More about Hamamatsu Photonics KK

Hamamatsu Photonics K.K. operates in the photonics industry, focusing on the development and manufacturing of optical sensors, imaging devices, and light sources. The company is known for its advanced photonics technologies and serves various markets, including scientific research, medical, and industrial sectors.

YTD Price Performance: -7.90%

Average Trading Volume: 2,795,608

Technical Sentiment Signal: Strong Sell

Current Market Cap: Yen490.5B

For detailed information about 6965 stock, go to TipRanks’ Stock Analysis 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