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Neturen Co., Ltd. ( (JP:5976) ) has issued an update.
Neturen Co., Ltd. has announced the purchase of 112,300 of its treasury shares, amounting to a total cost of 136,058,400 yen, conducted through market purchases on the Tokyo Stock Exchange. This action is part of a broader resolution by the Board of Directors to potentially purchase up to 2.7 million shares, with a total cost limit of 2 billion yen, aimed at optimizing capital structure and enhancing shareholder value.
The most recent analyst rating on (JP:5976) stock is a Buy with a Yen1343.00 price target. To see the full list of analyst forecasts on Neturen Co., Ltd. stock, see the JP:5976 Stock Forecast page.
More about Neturen Co., Ltd.
Neturen Co., Ltd. operates in the manufacturing industry, primarily focusing on producing and distributing steel products. The company is listed on the Prime Market of the Tokyo Stock Exchange and is known for its involvement in the production of high-quality steel materials.
Average Trading Volume: 80,928
Technical Sentiment Signal: Buy
Current Market Cap: Yen37.53B
For a thorough assessment of 5976 stock, go to TipRanks’ Stock Analysis page.