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Morito Co., Ltd. ( (JP:9837) ) just unveiled an update.
Morito Co., Ltd. has announced the repurchase of 110,100 treasury shares at a total acquisition cost of 170,563,000 yen through market purchases on the Tokyo Stock Exchange during August 2025. This move is part of a broader strategy approved by the Board of Directors to acquire up to 1,200,000 shares, aiming to enhance shareholder value and optimize capital structure.
The most recent analyst rating on (JP:9837) stock is a Buy with a Yen1686.00 price target. To see the full list of analyst forecasts on Morito Co., Ltd. stock, see the JP:9837 Stock Forecast page.
More about Morito Co., Ltd.
Morito Co., Ltd. operates in the manufacturing industry, focusing on producing and distributing various fastening materials and related products. The company is headquartered in Osaka, Japan, and is listed on the Tokyo Stock Exchange.
Average Trading Volume: 75,887
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen40.29B
Learn more about 9837 stock on TipRanks’ Stock Analysis page.