tiprankstipranks
Advertisement
Advertisement

Misumi Nears Limit of ¥25 Billion Share Buyback Program

Story Highlights
  • Misumi repurchased 882,700 shares in February for about ¥2.69 billion, advancing its ongoing Tokyo Stock Exchange buyback program.
  • Cumulative repurchases now total 9.48 million shares worth ¥22.69 billion, signaling strong capital return and potential EPS support.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Misumi Nears Limit of ¥25 Billion Share Buyback Program

Claim 55% Off TipRanks

The latest announcement is out from Misumi Group ( (JP:9962) ).

Misumi Group Inc. has repurchased 882,700 of its own shares on the Tokyo Stock Exchange during February 2026 for a total of about 2.69 billion yen, using a discretionary transaction method in line with its authorized buyback program. This brings cumulative purchases under the current authorization to 9.48 million shares worth roughly 22.69 billion yen, signaling continued capital return to shareholders and potentially supporting earnings per share and share price ahead of the program’s scheduled end in March 2026.

The current buyback authorization, approved in July 2025, allows Misumi to repurchase up to 17 million shares, or about 6.19% of its outstanding stock excluding treasury shares, for a maximum of 25 billion yen. With the company now having used the majority of the monetary limit, investors will watch whether Misumi completes the remaining capacity, as the scale of the program underscores management’s confidence in its financial position and may influence the stock’s liquidity and valuation in the near term.

The most recent analyst rating on (JP:9962) stock is a Buy with a Yen3446.00 price target. To see the full list of analyst forecasts on Misumi Group stock, see the JP:9962 Stock Forecast page.

More about Misumi Group

Misumi Group Inc. is a Japanese industrial components supplier listed on the Tokyo Stock Exchange, providing mechanical parts and related products used in factory automation and manufacturing. The company serves a broad base of manufacturers by offering standardized and custom components that support precision production and efficiency improvements across global supply chains.

YTD Price Performance: 28.65%

Average Trading Volume: 1,244,278

Technical Sentiment Signal: Buy

Current Market Cap: Yen842.2B

For detailed information about 9962 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1