tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Hirose Electric Launches ¥15 Billion Share Buyback to Boost Shareholder Returns

Story Highlights
Hirose Electric Launches ¥15 Billion Share Buyback to Boost Shareholder Returns

Claim 70% Off TipRanks This Holiday Season

HIROSE ELECTRIC CO ( (JP:6806) ) has issued an update.

Hirose Electric’s board has approved a share buyback program authorizing the repurchase of up to 1 million shares, representing about 3.03% of its outstanding common stock, for a maximum total of ¥15 billion through market purchases on the Tokyo Stock Exchange between January 5, 2026 and July 31, 2026. The company aims to enhance shareholder returns, improve capital efficiency, and preserve flexibility in its capital policy, with the buyback framework designed to address potential undervaluation if anticipated future profitability is not fully reflected in its share price over the program period, which could support earnings per share and signal confidence in its medium-term outlook to investors.

The most recent analyst rating on (JP:6806) stock is a Hold with a Yen18595.00 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. is a Japan-based manufacturer listed on the Tokyo Stock Exchange Prime Market, primarily engaged in the development and production of electronic components such as connectors, serving industrial, communications, and other technology-related markets worldwide.

Average Trading Volume: 145,567

Technical Sentiment Signal: Hold

Current Market Cap: Yen565.4B

See more insights into 6806 stock on 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