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The latest announcement is out from Kyushu Railway Company ( (JP:9142) ).
Kyushu Railway Company announced the cancellation of 2,652,600 shares of its treasury stock, representing 1.69% of its outstanding shares, as part of a strategic move to optimize its capital structure. This cancellation will reduce the total number of shares outstanding to 154,649,000, potentially enhancing shareholder value and improving the company’s financial metrics.
The most recent analyst rating on (JP:9142) stock is a Buy with a Yen4700.00 price target. To see the full list of analyst forecasts on Kyushu Railway Company stock, see the JP:9142 Stock Forecast page.
More about Kyushu Railway Company
Kyushu Railway Company operates in the transportation industry, primarily focusing on railway services. It is listed on the Tokyo Stock Exchange and the Fukuoka Stock Exchange.
Average Trading Volume: 563,488
Technical Sentiment Signal: Buy
Current Market Cap: Yen639.3B
See more insights into 9142 stock on TipRanks’ Stock Analysis page.