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Kewpie Corporation ( (JP:2809) ) has shared an announcement.
Kewpie Corporation announced the acquisition of 1,493,600 of its own shares at a cost of 5.89 billion yen, as part of a resolution made by its Board of Directors. This move, conducted through market purchases on the Tokyo Stock Exchange, is part of a larger plan to acquire up to 9.6 million shares by May 2026, potentially impacting shareholder value and market perception.
The most recent analyst rating on (JP:2809) stock is a Hold with a Yen3400.00 price target. To see the full list of analyst forecasts on Kewpie Corporation stock, see the JP:2809 Stock Forecast page.
More about Kewpie Corporation
Kewpie Corporation operates in the food industry, primarily known for its production of mayonnaise and salad dressings. The company focuses on providing high-quality food products and has a significant presence in the Japanese market.
Average Trading Volume: 541,201
Technical Sentiment Signal: Buy
Current Market Cap: Yen574.1B
Find detailed analytics on 2809 stock on TipRanks’ Stock Analysis page.