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Hosiden Corporation Announces Acquisition and Cancellation of Treasury Shares

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Hosiden Corporation Announces Acquisition and Cancellation of Treasury Shares

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Hosiden ( (JP:6804) ) has issued an update.

Hosiden Corporation has announced a decision to acquire and subsequently cancel up to 2 million of its treasury shares, representing 3.93% of its total issued shares. This move, aimed at executing flexible capital policies, is intended to enhance shareholder returns and improve capital efficiency in response to the evolving management environment.

The most recent analyst rating on (JP:6804) stock is a Hold with a Yen2532.00 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 aims to enhance shareholder returns and capital efficiency through strategic financial maneuvers.

Average Trading Volume: 230,530

Technical Sentiment Signal: Buy

Current Market Cap: Yen127.3B

See more data about 6804 stock on TipRanks’ Stock Analysis page.

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