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Meisei Industrial Co., Ltd. ( (JP:1976) ) just unveiled an announcement.
Meisei Industrial Co., Ltd. has completed the repurchase of 1,700,000 of its own common shares, representing 3.56% of the outstanding shares, at a cost of 2,743,800,000 yen. This strategic move, executed through the Tokyo Stock Exchange’s off-auction trading system, is part of the company’s efforts to optimize its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (JP:1976) stock is a Buy with a Yen1903.00 price target. To see the full list of analyst forecasts on Meisei Industrial Co., Ltd. stock, see the JP:1976 Stock Forecast page.
More about Meisei Industrial Co., Ltd.
Meisei Industrial Co., Ltd. operates in the industrial sector and is listed on the Tokyo Stock Exchange. The company is involved in manufacturing and industrial services, focusing on enhancing its market position through strategic financial maneuvers.
Average Trading Volume: 52,740
Technical Sentiment Signal: Buy
Current Market Cap: Yen74.92B
See more insights into 1976 stock on TipRanks’ Stock Analysis page.