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Kokuyo Co ( (JP:7984) ) just unveiled an announcement.
Kokuyo Co., Ltd. has announced a share buyback initiative, acquiring 2,780,800 shares valued at approximately ¥2.39 billion through open market repurchases on the Tokyo Stock Exchange. This move follows a previous buyback plan and a recent stock split, indicating Kokuyo’s strategic efforts to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (JP:7984) stock is a Buy with a Yen948.00 price target. To see the full list of analyst forecasts on Kokuyo Co stock, see the JP:7984 Stock Forecast page.
More about Kokuyo Co
Kokuyo Co., Ltd. operates in the office supplies and furniture industry, providing a range of products including stationery, office furniture, and related services. The company is listed on the Tokyo Stock Exchange and focuses on enhancing its market presence through strategic financial maneuvers.
Average Trading Volume: 1,004,475
Technical Sentiment Signal: Buy
Current Market Cap: Yen399B
For an in-depth examination of 7984 stock, go to TipRanks’ Overview page.