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Mebuki Financial Group, Inc. ( (JP:7167) ) has provided an announcement.
Mebuki Financial Group, Inc. has completed the acquisition of its own shares as per its articles of incorporation and the Companies Act of Japan. This strategic move involved purchasing over 4 million shares at a cost exceeding 3 billion yen, which is part of a larger plan to acquire up to 45 million shares, reflecting the company’s efforts to optimize its capital management and potentially enhance shareholder value.
The most recent analyst rating on (JP:7167) stock is a Buy with a Yen830.00 price target. To see the full list of analyst forecasts on Mebuki Financial Group, Inc. stock, see the JP:7167 Stock Forecast page.
More about Mebuki Financial Group, Inc.
Mebuki Financial Group, Inc. operates in the financial industry, focusing on providing banking and financial services. It is listed on the Tokyo Stock Exchange and engages in activities such as acquiring its own shares to manage its capital structure.
Average Trading Volume: 3,482,461
Technical Sentiment Signal: Buy
Current Market Cap: Yen673.1B
See more insights into 7167 stock on TipRanks’ Stock Analysis page.