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An update from HOSHIZAKI ( (JP:6465) ) is now available.
Hoshizaki Corporation announced the completion of its acquisition of treasury shares, initially resolved by the Board of Directors in November 2024. The company acquired 928,700 common shares at a total cost of approximately 5.49 billion yen through market purchases on the Tokyo Stock Exchange, fulfilling part of its target of acquiring up to 2.5 million shares by February 2025. This strategic move aims to enhance shareholder value by optimizing the company’s capital structure.
More about HOSHIZAKI
Hoshizaki Corporation operates in the manufacturing industry, specializing in commercial kitchen equipment. The company primarily produces and supplies products such as ice machines and refrigerators, focusing on the hospitality and foodservice markets.
YTD Price Performance: -5.67%
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $5.36B
Find detailed analytics on 6465 stock on TipRanks’ Stock Analysis page.
