Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest announcement is out from KDDI ( (JP:9433) ).
KDDI Corporation announced the cancellation of a portion of its treasury stock, amounting to 195,845,358 shares or 4.47% of the total issued shares, as part of its strategic financial management. This move is expected to optimize the company’s capital structure and potentially enhance shareholder value by reducing the number of outstanding shares, which could positively impact the company’s stock performance.
The most recent analyst rating on (JP:9433) stock is a Sell with a Yen3730.00 price target. To see the full list of analyst forecasts on KDDI stock, see the JP:9433 Stock Forecast page.
More about KDDI
KDDI Corporation operates in the telecommunications industry, providing a range of services including mobile and fixed-line communications, internet services, and solutions for both individual and corporate clients. The company is focused on expanding its market presence and enhancing its service offerings to meet the evolving needs of its customers.
Average Trading Volume: 8,539,631
Technical Sentiment Signal: Buy
Current Market Cap: Yen10578.7B
See more insights into 9433 stock on TipRanks’ Stock Analysis page.