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Hosiden ( (JP:6804) ) has shared an update.
Hosiden Corporation has completed the acquisition and cancellation of a significant portion of its treasury shares, as per the resolutions passed by its Board of Directors. This strategic move, involving the acquisition of 354,700 shares and the cancellation of 1,662,200 shares, is aimed at optimizing the company’s capital structure and potentially enhancing shareholder value.
The most recent analyst rating on (JP:6804) stock is a Buy with a Yen2779.00 price target. To see the full list of analyst forecasts on Hosiden stock, see the JP:6804 Stock Forecast page.
More about Hosiden
Hosiden Corporation operates in the electronics industry, focusing on the production and distribution of electronic components and devices. The company is listed on the Tokyo Stock Exchange and is known for its commitment to innovation and quality in its product offerings.
YTD Price Performance: 14.21%
Average Trading Volume: 222,911
Technical Sentiment Signal: Buy
Current Market Cap: Yen133B
For an in-depth examination of 6804 stock, go to TipRanks’ Overview page.