Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Kyocera ( (JP:6971) ) just unveiled an announcement.
Kyocera Corporation announced a decision by its Board of Directors to repurchase up to 136,240,000 of its own shares, representing 9.67% of its outstanding shares, as part of a shareholder return initiative and to enhance its capital strategy. This move, involving a total repurchase price of up to 200 billion yen, is expected to impact the company’s financial strategies and market positioning, reflecting its commitment to providing value to shareholders.
The most recent analyst rating on (JP:6971) stock is a Buy with a Yen2000.00 price target. To see the full list of analyst forecasts on Kyocera stock, see the JP:6971 Stock Forecast page.
More about Kyocera
Kyocera Corporation operates within the technology and electronics industry, primarily focusing on manufacturing and supplying a wide range of products including electronic components, equipment, and devices. The company is known for its innovation in ceramics and has a significant market presence in both consumer and industrial sectors.
Average Trading Volume: 4,788,345
Technical Sentiment Signal: Buy
Current Market Cap: Yen2482B
For an in-depth examination of 6971 stock, go to TipRanks’ Stock Analysis page.