Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Electric Power Development Co ( (JP:9513) ) has issued an update.
Electric Power Development Co., Ltd. (J-POWER) announced the purchase of 3 million of its own shares for 8,430 million yen through the Tokyo Stock Exchange’s off-auction trading system. This move aims to enhance capital efficiency and shareholder returns, with plans to continue market purchases up to a total of 9 million shares or 20,000 million yen as per a board resolution.
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 electric power development and supply. The company is involved in the generation and transmission of electricity, primarily through hydroelectric, thermal, and renewable energy sources, catering to both domestic and international markets.
YTD Price Performance: 11.35%
Average Trading Volume: 776,647
Technical Sentiment Signal: Buy
Current Market Cap: Yen514.4B
Learn more about 9513 stock on TipRanks’ Stock Analysis page.