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Electric Power Development Co ( (JP:9513) ) has provided an announcement.
Electric Power Development Co., Ltd. (J-POWER) has announced its decision to repurchase up to 3 million of its own shares, valued at 8,430 million yen, through the Tokyo Stock Exchange’s ToSTNeT-3 system. This move is part of a broader strategy approved by the Board of Directors to buy back up to 9 million shares, worth 20,000 million yen, by March 31, 2026, to enhance shareholder value and optimize capital structure.
The most recent analyst rating on (JP:9513) stock is a Hold with a Yen3140.00 price target. To see the full list of analyst forecasts on Electric Power Development Co stock, see the JP:9513 Stock Forecast page.
More about Electric Power Development Co
Electric Power Development Co., Ltd., also known as J-POWER, operates in the energy sector, focusing on the development and operation of electric power facilities. The company is involved in generating and supplying electricity, primarily through thermal and hydroelectric power plants, and is listed on the Tokyo Stock Exchange.
Average Trading Volume: 781,834
Technical Sentiment Signal: Buy
Current Market Cap: Yen521.7B
For a thorough assessment of 9513 stock, go to TipRanks’ Stock Analysis page.