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An announcement from INPEX ( (JP:1605) ) is now available.
INPEX Corporation has announced the acquisition of 4,788,600 common shares of its treasury stock, costing approximately 12.5 billion yen, through market purchases on the Tokyo Stock Exchange. This move is part of a larger plan approved by the Board of Directors to acquire up to 50 million shares by the end of 2025, reflecting the company’s strategic efforts to manage its equity and potentially enhance shareholder value.
The most recent analyst rating on (JP:1605) stock is a Hold with a Yen2580.00 price target. To see the full list of analyst forecasts on INPEX stock, see the JP:1605 Stock Forecast page.
More about INPEX
INPEX Corporation operates in the energy sector, focusing on the exploration and production of oil and natural gas. It is a major player in the global energy market, with a significant presence in the upstream oil and gas industry.
Average Trading Volume: 5,542,718
Technical Sentiment Signal: Buy
Current Market Cap: Yen3110.9B
Find detailed analytics on 1605 stock on TipRanks’ Stock Analysis page.