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Makita Corporation ( (JP:6586) ) just unveiled an announcement.
Makita Corporation has disclosed the status of its ongoing share buyback program authorized under Japan’s Companies Act and its Articles of Incorporation. Between February 1 and February 28, 2026, the company repurchased 3,909,700 common shares for a total of about ¥22.97 billion, as part of a broader authorization approved by its board.
The board’s January 29, 2026 resolution allows Makita to buy back up to 10 million shares, or 3.78% of its outstanding stock excluding treasury shares, for as much as ¥40 billion through May 31, 2026. As of February 28, 2026, the company has cumulatively repurchased 4,084,000 shares for approximately ¥23.9 billion, signaling an active capital return policy that may support earnings per share and shareholder value if current trends continue.
The most recent analyst rating on (JP:6586) stock is a Buy with a Yen6899.00 price target. To see the full list of analyst forecasts on Makita Corporation stock, see the JP:6586 Stock Forecast page.
More about Makita Corporation
Makita Corporation is a Japanese manufacturer of power tools and related equipment, known for producing electric and cordless tools for professional trades and consumer use. The company competes globally in the industrial and construction equipment markets, where capital allocation decisions, including share repurchases, are closely watched by investors.
Average Trading Volume: 1,129,763
Technical Sentiment Signal: Buy
Current Market Cap: Yen1550.2B
For detailed information about 6586 stock, go to TipRanks’ Stock Analysis page.