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Mitsui O.S.K. Lines Completes Significant Share Repurchase

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Mitsui O.S.K. Lines Completes Significant Share Repurchase

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The latest update is out from Mitsui OSKLines ( (JP:9104) ).

Mitsui O.S.K. Lines, Ltd. has completed a share repurchase program, acquiring 2,590,600 common shares valued at JPY 12,391,483,090 through open market purchases on the Tokyo Stock Exchange. This move is part of a larger plan approved by the Board of Directors to repurchase up to 30 million shares, with the aim of enhancing shareholder value and optimizing capital structure.

The most recent analyst rating on (JP:9104) stock is a Buy with a Yen7300.00 price target. To see the full list of analyst forecasts on Mitsui OSKLines stock, see the JP:9104 Stock Forecast page.

More about Mitsui OSKLines

Mitsui O.S.K. Lines, Ltd. is a prominent player in the shipping and logistics industry, primarily engaged in the transportation of goods via sea. The company is listed on the Tokyo Stock Exchange Prime Market and is known for its comprehensive maritime services.

YTD Price Performance: -4.17%

Average Trading Volume: 6,453,124

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen1856.1B

For a thorough assessment of 9104 stock, go to TipRanks’ Stock Analysis page.

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