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Kewpie Corporation ( (JP:2809) ) has issued an update.
Kewpie Corporation has announced the acquisition of 1,095,200 shares of its own stock, amounting to a total cost of 4,549,878,800 yen, through market purchases on the Tokyo Stock Exchange. This move is part of a broader strategy approved by the Board of Directors to acquire up to 9,600,000 shares, reflecting a 6.91% ratio to the total outstanding shares, with a maximum budget of 24 billion yen, to be executed by May 31, 2026.
The most recent analyst rating on (JP:2809) stock is a Hold with a Yen3900.00 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 delivering high-quality food products and has a significant presence in the Japanese market.
Average Trading Volume: 545,950
Technical Sentiment Signal: Buy
Current Market Cap: Yen580.3B
See more insights into 2809 stock on TipRanks’ Stock Analysis page.