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An update from Kaneka ( (JP:4118) ) is now available.
Kaneka Corporation has announced a strategic move to repurchase and cancel 3,000,000 shares of its common stock, representing 4.77% of its total issued shares, as part of a flexible capital policy aimed at enhancing shareholder value. This decision, approved by the Board of Directors, is expected to strengthen the company’s financial position and adaptability in response to market changes.
The most recent analyst rating on (JP:4118) stock is a Hold with a Yen3800.00 price target. To see the full list of analyst forecasts on Kaneka stock, see the JP:4118 Stock Forecast page.
More about Kaneka
Kaneka Corporation operates in the chemical industry, focusing on the production of a diverse range of products, including chemicals, functional and expandable plastic products, foodstuffs, life science products, and electronic products. The company is listed on the Tokyo Stock Exchange Prime Market.
Average Trading Volume: 163,754
Technical Sentiment Signal: Buy
Current Market Cap: Yen228.9B
For an in-depth examination of 4118 stock, go to TipRanks’ Stock Analysis page.