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Kewpie Corporation ( (JP:2809) ) has provided an announcement.
Kewpie Corporation’s Board of Directors has resolved to acquire its own shares to facilitate a share exchange agreement, making AOHATA Corporation a wholly owned subsidiary. This acquisition aims to mitigate share dilution and improve capital efficiency, reflecting Kewpie’s commitment to enhancing corporate value and shareholder returns.
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 focusing on the production of condiments and processed foods. The company is known for its mayonnaise and salad dressings, and it aims to enhance shareholder value and capital efficiency through strategic acquisitions and resource allocation.
Average Trading Volume: 535,573
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen472.2B
For a thorough assessment of 2809 stock, go to TipRanks’ Stock Analysis page.