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Mitsubishi Logistics ( (JP:9301) ) just unveiled an update.
Mitsubishi Logistics Corporation announced the acquisition of 1,892,400 treasury shares at a cost of 2,228,339,950 yen, as part of a larger plan to acquire up to 33 million shares. This move is expected to optimize capital structure and potentially enhance shareholder value by reducing the number of outstanding shares.
The most recent analyst rating on (JP:9301) stock is a Buy with a Yen1300.00 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, providing services such as warehousing, transportation, and distribution. The company is focused on enhancing its market position through strategic acquisitions and operational efficiencies.
Average Trading Volume: 1,730,678
Technical Sentiment Signal: Buy
Current Market Cap: Yen439.3B
For a thorough assessment of 9301 stock, go to TipRanks’ Stock Analysis page.