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An update from Mitsubishi Logistics ( (JP:9301) ) is now available.
Mitsubishi Logistics Corporation has announced the acquisition of 1,503,500 of its own shares at a total cost of 1,838,348,850 yen through open-market purchases on the Tokyo Stock Exchange. This move is part of a broader plan approved by the Board of Directors to acquire up to 33,000,000 shares, reflecting the company’s strategic efforts to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (JP:9301) stock is a Buy with a Yen1414.00 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 including warehousing, transportation, and distribution. The company is listed on the Prime Market of the Tokyo Stock Exchange and is known for its strategic market positioning in logistics solutions.
Average Trading Volume: 1,118,631
Technical Sentiment Signal: Buy
Current Market Cap: Yen457.5B
For detailed information about 9301 stock, go to TipRanks’ Stock Analysis page.