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Monex Group Completes Share Repurchase Program

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Monex Group Completes Share Repurchase Program

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Monex Group ( (JP:8698) ) has shared an announcement.

Monex Group, Inc. has completed a share repurchase program, buying back 77,900 shares for 54,737,400 yen as part of a plan approved by its Board of Directors in July 2024. This move is part of a larger strategy to repurchase up to 14,000,000 shares, reflecting the company’s commitment to enhancing shareholder value and optimizing its capital structure.

The most recent analyst rating on (JP:8698) stock is a Hold with a Yen1380.00 price target. To see the full list of analyst forecasts on Monex Group stock, see the JP:8698 Stock Forecast page.

More about Monex Group

Monex Group, Inc. operates in the financial services industry, primarily focusing on providing online brokerage services and financial products to individual investors. The company is known for its innovative approach to financial technology and its market presence in Japan.

Average Trading Volume: 3,197,131

Technical Sentiment Signal: Hold

Current Market Cap: Yen174B

See more data about 8698 stock on TipRanks’ Stock Analysis page.

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