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Makita Corporation ( (JP:6586) ) has issued an announcement.
Makita Corporation’s board of directors has approved a share buyback program authorizing the repurchase of up to 10 million common shares, representing about 3.78% of its outstanding stock, for a total expenditure of up to 40 billion yen between January 30 and May 31, 2026. The move, framed as part of Makita’s basic profit distribution policy, is intended to flexibly return profits to shareholders and may support earnings per share and capital efficiency, signaling management’s confidence in the company’s valuation and financial position.
The most recent analyst rating on (JP:6586) stock is a Buy with a Yen5786.00 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 best known for its power tools and related equipment, serving professional construction, industrial, and consumer markets worldwide. Listed under ticker 6586, the company focuses on providing durable, high-performance tools and has an established shareholder base in Japan and abroad.
Average Trading Volume: 962,837
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen1279.2B
See more data about 6586 stock on TipRanks’ Stock Analysis page.