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The latest announcement is out from Hogy Medical Co ( (JP:3593) ).
Hogy Medical Co., Ltd. has resolved at its board meeting to cancel all treasury shares it holds, classified as common shares, under the provisions of Japan’s Companies Act. The move is tied to a planned share consolidation, which must first be approved at an extraordinary shareholders’ meeting scheduled for April 24, 2026.
The cancellation, expected on May 18, 2026, will retire 976,397 treasury shares out of a total of 22,535,463 issued shares, effectively reducing the company’s outstanding share base. This capital measure may enhance capital efficiency and could influence per-share metrics, with implications for shareholder value and Hogy Medical’s capital structure management.
The most recent analyst rating on (JP:3593) stock is a Hold with a Yen6857.00 price target. To see the full list of analyst forecasts on Hogy Medical Co stock, see the JP:3593 Stock Forecast page.
More about Hogy Medical Co
Hogy Medical Co., Ltd. is a Japan-based medical products company listed on the Tokyo Stock Exchange Prime Market under securities code 3593. The company develops and supplies medical-related goods and services, targeting healthcare institutions and professionals in domestic and potentially international markets.
YTD Price Performance: -0.30%
Average Trading Volume: 81,244
Technical Sentiment Signal: Buy
Current Market Cap: Yen143.6B
Find detailed analytics on 3593 stock on TipRanks’ Stock Analysis page.