Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Idemitsu Kosan Co ( (JP:5019) ) has provided an announcement.
Idemitsu Kosan Co., Ltd. has announced a resolution to acquire treasury shares worth up to 70 billion yen as part of its current medium-term management plan, aimed at achieving a target return on equity of 10% by FY2025. The acquisition is intended to optimize shareholder equity, with a portion dedicated to shareholder returns, reinforcing the company’s commitment to financial stability and enhancing shareholder value.
More about Idemitsu Kosan Co
Idemitsu Kosan Co., Ltd. operates in the energy sector, primarily involved in the production and distribution of petroleum products. The company focuses on optimizing shareholder equity and maintaining a sustainable financial growth strategy.
YTD Price Performance: 2.99%
Average Trading Volume: 1,618
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $9.47B
For detailed information about 5019 stock, go to TipRanks’ Stock Analysis page.
