TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
The latest announcement is out from Marui Group Co ( (JP:8252) ).
Marui Group Co., Ltd. has announced a resolution to establish a limit for acquiring treasury stock, aiming to enhance capital efficiency and shareholder value. The company has set a buyback limit of 20 billion yen, allowing for the acquisition of up to 10 million shares, which represents 5.55% of the total shares issued, excluding treasury stock. This move is intended to address situations where future profitability is not fully reflected in the stock price, potentially impacting the company’s financial strategy and market positioning.
The most recent analyst rating on (JP:8252) stock is a Hold with a Yen3215.00 price target. To see the full list of analyst forecasts on Marui Group Co stock, see the JP:8252 Stock Forecast page.
More about Marui Group Co
Marui Group Co., Ltd. operates in the retail industry, focusing on providing a range of products and services through its department stores and shopping centers. The company is known for its commitment to enhancing shareholder value and capital efficiency.
Average Trading Volume: 794,310
Technical Sentiment Signal: Buy
Current Market Cap: Yen537B
Learn more about 8252 stock on TipRanks’ Stock Analysis page.