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HIROSE ELECTRIC Initiates Share Buyback Program to Enhance Shareholder Value

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HIROSE ELECTRIC Initiates Share Buyback Program to Enhance Shareholder Value

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HIROSE ELECTRIC CO ( (JP:6806) ) just unveiled an update.

HIROSE ELECTRIC CO., LTD. announced a share buyback program authorized by its Board of Directors, aiming to repurchase up to 1,050,000 shares, which is 3.10% of its total shares, excluding treasury stock. This initiative is designed to enhance shareholder returns, improve capital efficiency, and provide flexibility in capital management amid changing business conditions.

The most recent analyst rating on (JP:6806) stock is a Hold with a Yen19200.00 price target. To see the full list of analyst forecasts on HIROSE ELECTRIC CO stock, see the JP:6806 Stock Forecast page.

More about HIROSE ELECTRIC CO

HIROSE ELECTRIC CO., LTD. operates in the electronics industry, primarily focusing on the production and distribution of electronic components. The company is known for its connectors and related products, catering to a global market with a strong emphasis on innovation and quality.

YTD Price Performance: 4.62%

Average Trading Volume: 81,945

Technical Sentiment Signal: Buy

Current Market Cap: Yen635.6B

See more insights into 6806 stock on TipRanks’ Stock Analysis page.

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