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Morita Holdings Corporation ( (JP:6455) ) has shared an announcement.
Morita Holdings Corporation has resolved to cancel 1.5 million shares of its treasury stock, representing 3.20% of the total issued shares prior to cancellation, with the effective date set for February 10, 2026. Following the cancellation, the company will have 45,418,542 issued shares outstanding and 4,446,640 treasury shares, equivalent to 9.79% of the total, a move that is expected to tighten the share float and may enhance capital efficiency and shareholder value by reducing the overall share count.
The most recent analyst rating on (JP:6455) stock is a Buy with a Yen3368.00 price target. To see the full list of analyst forecasts on Morita Holdings Corporation stock, see the JP:6455 Stock Forecast page.
More about Morita Holdings Corporation
Morita Holdings Corporation, listed on the Tokyo Stock Exchange Prime Market under securities code 6455, operates in Japan as an industrial manufacturer, though the specific product lines are not detailed in this announcement. The company maintains a notable base of issued shares and treasury stock, suggesting an active approach to capital and shareholder equity management.
Average Trading Volume: 59,206
Technical Sentiment Signal: Buy
Current Market Cap: Yen128.9B
See more insights into 6455 stock on TipRanks’ Stock Analysis page.