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The latest announcement is out from Kurita Water Industries ( (JP:6370) ).
Kurita Water Industries Ltd. has announced the acquisition of 751,100 of its own shares at a cost of 4,016,508,594 yen, as part of a broader plan to acquire up to 3,500,000 shares. This strategic move, executed through market acquisition on the Tokyo Stock Exchange, is aimed at optimizing capital structure and enhancing shareholder value, reflecting the company’s commitment to maintaining a strong financial position and competitive edge in the industry.
The most recent analyst rating on (JP:6370) stock is a Hold with a Yen7000.00 price target. To see the full list of analyst forecasts on Kurita Water Industries stock, see the JP:6370 Stock Forecast page.
More about Kurita Water Industries
Kurita Water Industries Ltd. operates in the water treatment industry, providing solutions for water management and environmental sustainability. The company focuses on products and services that enhance water quality and efficiency, catering to a global market with a strong emphasis on innovation and sustainability.
Average Trading Volume: 464,796
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen625.1B
Find detailed analytics on 6370 stock on TipRanks’ Stock Analysis page.