tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Kewpie Reports Ongoing Progress in Large-Scale Share Buyback Program

Story Highlights
Kewpie Reports Ongoing Progress in Large-Scale Share Buyback Program

Claim 50% Off TipRanks Premium

Kewpie Corporation ( (JP:2809) ) has issued an announcement.

Kewpie Corporation has reported progress on its ongoing share buyback program authorized by its board in July 2025, acquiring 598,600 common shares on the Tokyo Stock Exchange between January 1 and January 31, 2026, at a total cost of approximately ¥2.54 billion. Under the broader authorization to repurchase up to 9.6 million shares for as much as ¥24 billion by May 31, 2026, the company has, as of January 31, 2026, bought back a cumulative 5,177,300 shares for about ¥21.35 billion, signaling continued capital return to shareholders and an effort to enhance capital efficiency and shareholder value.

The most recent analyst rating on (JP:2809) stock is a Hold with a Yen4658.00 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 is a Japan-based food manufacturer best known for its mayonnaise and processed food products, operating in the broader food and condiments industry with its shares listed on the Tokyo Stock Exchange Prime Market.

YTD Price Performance: 0.21%

Average Trading Volume: 405,757

Technical Sentiment Signal: Buy

Current Market Cap: Yen602.6B

See more data about 2809 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1