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Kandenko Co., Ltd. ( (JP:1942) ) has provided an announcement.
Kandenko Co., Ltd. has decided to repurchase up to 5,392,700 of its own common shares, equivalent to 2.64% of its outstanding stock excluding treasury shares, through an off-auction own share repurchase trade (ToSTNeT-3) on the Tokyo Stock Exchange at the closing price of ¥5,563 as of January 30, 2026, with the transaction scheduled for 8:45 a.m. on February 2, 2026. This buyback is part of a broader Board-approved program allowing repurchases of up to 7.5 million shares or ¥30 billion between February 2 and February 6, 2026, underscoring the company’s intention to actively manage its capital structure and potentially enhance shareholder value, although execution may be adjusted or partially cancelled depending on market conditions.
The most recent analyst rating on (JP:1942) stock is a Buy with a Yen6267.00 price target. To see the full list of analyst forecasts on Kandenko Co., Ltd. stock, see the JP:1942 Stock Forecast page.
More about Kandenko Co., Ltd.
Kandenko Co., Ltd., listed on the Tokyo Stock Exchange Prime Market under securities code 1942, operates in Japan’s construction and engineering sector, with a focus on electrical and related infrastructure works and services for utilities, businesses and public-sector clients.
Average Trading Volume: 1,091,744
Technical Sentiment Signal: Buy
Current Market Cap: Yen1138.2B
For detailed information about 1942 stock, go to TipRanks’ Stock Analysis page.