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Mitsubishi Logistics ( (JP:9301) ) has shared an announcement.
Mitsubishi Logistics Corporation has announced the acquisition of 2,601,200 treasury shares at a total cost of 2,786,176,380 yen through open-market purchases on the Tokyo Stock Exchange. This move is part of a broader strategy approved by the Board of Directors to acquire up to 33,000,000 shares, reflecting a significant investment in the company’s own stock, potentially impacting shareholder value and market perception.
The most recent analyst rating on (JP:9301) stock is a Buy with a Yen1200.00 price target. To see the full list of analyst forecasts on Mitsubishi Logistics stock, see the JP:9301 Stock Forecast page.
More about Mitsubishi Logistics
Mitsubishi Logistics Corporation operates in the logistics industry, focusing on providing comprehensive logistics services. The company is known for its expertise in warehousing, transportation, and distribution, serving a diverse range of market sectors.
Average Trading Volume: 3,396,363
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen430.9B
Find detailed analytics on 9301 stock on TipRanks’ Stock Analysis page.