IRISO Electronics Updates on Share Acquisition Progress

IRISO Electronics Co., Ltd. ( (JP:6908) ) just unveiled an announcement.

IRISO Electronics Co., Ltd. announced the status of its share acquisition plan, initially resolved by the Board of Directors in November 2024. Despite the plan to acquire up to 2 million shares, equivalent to 8.9% of its total issued shares, the company reported acquiring 1 million shares by May 31, 2025, at a cost of approximately ¥2.66 billion. This move is part of a strategic effort to manage its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (JP:6908) stock is a Hold with a Yen2900.00 price target. To see the full list of analyst forecasts on IRISO Electronics Co., Ltd. stock, see the JP:6908 Stock Forecast page.

More about IRISO Electronics Co., Ltd.

IRISO Electronics Co., Ltd. operates in the electronics industry, focusing on the production and sale of electronic components. The company is known for its development and supply of connectors and other electronic parts, serving a diverse range of markets including automotive, industrial, and consumer electronics.

Average Trading Volume: 89,222

Technical Sentiment Signal: Sell

Current Market Cap: Yen61.12B

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