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Morozoff Limited ( (JP:2217) ) has issued an announcement.
Morozoff Limited has announced a resolution to acquire treasury stock as part of a flexible capital policy to adapt to changes in the business environment. The acquisition will be conducted through the Tokyo Stock Exchange’s Off-Auction Own Share Repurchase Transaction System, with a maximum of 210,000 shares to be purchased at a total monetary amount of 320,250,000 yen. This move is expected to impact the company’s capital structure and potentially influence shareholder value.
The most recent analyst rating on (JP:2217) stock is a Hold with a Yen1694.00 price target. To see the full list of analyst forecasts on Morozoff Limited stock, see the JP:2217 Stock Forecast page.
More about Morozoff Limited
Morozoff Limited operates in the confectionery industry and is listed on the Tokyo Stock Exchange. The company is known for its production and sale of chocolates and other confectionery products.
Average Trading Volume: 37,613
Technical Sentiment Signal: Buy
Current Market Cap: Yen32.15B
Find detailed analytics on 2217 stock on TipRanks’ Stock Analysis page.