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Lintec ( (JP:7966) ) has shared an update.
Lintec Corporation announced the acquisition of 712,600 of its own common shares through market transactions on the Tokyo Stock Exchange, amounting to approximately 1.99 billion yen. This move is part of a broader strategy approved by the Board of Directors to acquire up to 3 million shares, aiming to manage the company’s share distribution and maintain voting rights levels with Nippon Paper Industries Co., Ltd.
The most recent analyst rating on (JP:7966) stock is a Hold with a Yen3700.00 price target. To see the full list of analyst forecasts on Lintec stock, see the JP:7966 Stock Forecast page.
More about Lintec
Lintec Corporation operates in the manufacturing industry, focusing on the production of adhesive-related products. It is listed on the Tokyo Stock Exchange and is known for its market transactions involving its own shares.
Average Trading Volume: 197,475
Technical Sentiment Signal: Buy
Current Market Cap: Yen195.5B
For a thorough assessment of 7966 stock, go to TipRanks’ Stock Analysis page.