tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Japan Post Insurance Announces Treasury Stock Acquisition Plan

Story Highlights
Japan Post Insurance Announces Treasury Stock Acquisition Plan

TipRanks Black Friday Sale

An update from JAPAN POST INSURANCE Co., Ltd. ( (JP:7181) ) is now available.

JAPAN POST INSURANCE Co., Ltd. has announced plans to acquire its treasury stock through the Off-auction Own Share Repurchase Trading System (ToSTNeT-3) on the Tokyo Stock Exchange. This move, resolved by the Board of Directors, involves acquiring up to 10,848,600 shares at a maximum total cost of approximately 45 billion yen. The acquisition aims to manage the company’s capital structure and maintain the voting rights ratio of JAPAN POST HOLDINGS Co., Ltd. at 50% or less. The initiative reflects the company’s strategic approach to enhancing shareholder value and optimizing its financial operations.

The most recent analyst rating on (JP:7181) stock is a Buy with a Yen4700.00 price target. To see the full list of analyst forecasts on JAPAN POST INSURANCE Co., Ltd. stock, see the JP:7181 Stock Forecast page.

More about JAPAN POST INSURANCE Co., Ltd.

JAPAN POST INSURANCE Co., Ltd. operates in the insurance industry and is listed on the Prime Market of the Tokyo Stock Exchange. The company primarily offers life insurance products and services, focusing on providing comprehensive insurance solutions to its clients.

Average Trading Volume: 714,672

Technical Sentiment Signal: Buy

Current Market Cap: Yen1455.1B

For detailed information about 7181 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1