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Morinaga Milk Industry Co., Ltd. ( (JP:2264) ) has shared an update.
Morinaga Milk Industry Co., Ltd. has announced a decision to acquire treasury shares as part of its strategy to enhance shareholder returns and optimize capital structure. The company aims to increase its total payout ratio by raising dividends and acquiring treasury stock, which will be canceled to improve capital efficiency and shareholder value.
The most recent analyst rating on (JP:2264) stock is a Hold with a Yen3300.00 price target. To see the full list of analyst forecasts on Morinaga Milk Industry Co., Ltd. stock, see the JP:2264 Stock Forecast page.
More about Morinaga Milk Industry Co., Ltd.
Morinaga Milk Industry Co., Ltd. operates in the dairy industry, providing a range of milk and milk-based products. The company is focused on enhancing shareholder value and optimizing its capital structure through strategic financial maneuvers.
Average Trading Volume: 415,345
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen296.8B
For a thorough assessment of 2264 stock, go to TipRanks’ Stock Analysis page.