tiprankstipranks
Trending News
More News >

LY Corporation Announces Share Repurchase and Treasury Share Cancellation

Story Highlights
LY Corporation Announces Share Repurchase and Treasury Share Cancellation

Don’t Miss TipRanks’ Half Year Sale

The latest update is out from LY Corporation ( (JP:4689) ).

LY Corporation has announced the establishment of a facility for share repurchase and the cancellation of treasury shares. The company aims to enhance its corporate value by balancing profit growth with strategic investments and improving shareholder returns. The share repurchase program targets up to 63.4 million shares, with a maximum purchase amount of JPY38.5 billion, to be executed between July and September 2025. The cancellation of repurchased shares is scheduled for October 2025, reflecting LY Corporation’s commitment to capital efficiency and shareholder value.

The most recent analyst rating on (JP:4689) stock is a Hold with a Yen530.00 price target. To see the full list of analyst forecasts on LY Corporation stock, see the JP:4689 Stock Forecast page.

More about LY Corporation

Average Trading Volume: 14,227,108

Technical Sentiment Signal: Buy

Current Market Cap: Yen3626B

See more data about 4689 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1