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Kaneka ( (JP:4118) ) has provided an update.
Kaneka Corporation has completed a repurchase of 650,000 shares of its common stock for approximately 2.9 billion yen, as part of its strategy to enhance shareholder value and maintain flexible capital policies. This move is part of a broader plan to repurchase up to 3 million shares, reflecting the company’s commitment to adjusting its financial strategies in response to market conditions.
The most recent analyst rating on (JP:4118) stock is a Hold with a Yen4300.00 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 and is known for its production of a wide range of chemical products. The company focuses on enhancing shareholder value and adapting to changes in the business environment through strategic financial maneuvers.
Average Trading Volume: 213,631
Technical Sentiment Signal: Buy
Current Market Cap: Yen282B
Learn more about 4118 stock on TipRanks’ Stock Analysis page.