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Milbon Co. Announces Share Repurchase Plan to Boost Shareholder Value

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Milbon Co. Announces Share Repurchase Plan to Boost Shareholder Value

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Milbon Co ( (JP:4919) ) has issued an update.

Milbon Co., Ltd. has announced a decision by its Board of Directors to repurchase up to 870,000 of its own shares, representing 2.7% of its total issued shares, with a maximum expenditure of JPY 2 billion. This strategic move is intended to enhance shareholder returns and improve capital efficiency, reflecting the company’s response to the current business environment and its financial position.

The most recent analyst rating on (JP:4919) stock is a Hold with a Yen2900.00 price target. To see the full list of analyst forecasts on Milbon Co stock, see the JP:4919 Stock Forecast page.

More about Milbon Co

Milbon Co., Ltd. operates in the beauty and personal care industry, focusing on the production and distribution of hair care products. It is listed on the Tokyo Stock Exchange and aims to enhance shareholder value through strategic financial decisions.

Average Trading Volume: 139,676

Technical Sentiment Signal: Sell

Current Market Cap: Yen82.9B

See more data about 4919 stock on TipRanks’ Stock Analysis page.

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