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Mitsuboshi Belting Ltd. ( (JP:5192) ) has provided an announcement.
Mitsuboshi Belting Ltd. has announced a decision to acquire up to 350,000 of its own shares, representing 1.24% of its total issued shares, as part of its financial strategy to maintain a flexible capital policy and enhance shareholder returns. This move, aligned with its ’24 Mid-Term Business Plan, is expected to impact the company’s capital structure and demonstrate its commitment to adapting to changing business environments.
The most recent analyst rating on (JP:5192) stock is a Buy with a Yen4239.00 price target. To see the full list of analyst forecasts on Mitsuboshi Belting Ltd. stock, see the JP:5192 Stock Forecast page.
More about Mitsuboshi Belting Ltd.
Mitsuboshi Belting Ltd. operates in the manufacturing industry, specializing in the production of belting products. The company focuses on providing high-quality belts for various industrial applications and is listed on the Tokyo Stock Exchange Prime Market.
Average Trading Volume: 77,588
Technical Sentiment Signal: Buy
Current Market Cap: Yen102.6B
Find detailed analytics on 5192 stock on TipRanks’ Stock Analysis page.