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Neturen Co., Ltd. Completes Significant Treasury Share Repurchase

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Neturen Co., Ltd. Completes Significant Treasury Share Repurchase

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Neturen Co., Ltd. ( (JP:5976) ) has issued an announcement.

Neturen Co., Ltd. has completed a purchase of 780,500 treasury shares at a cost of 912,404,500 yen through the Tokyo Stock Exchange’s off-auction own share repurchase trading system. This transaction is part of a larger plan authorized by the Board of Directors to repurchase up to 2.7 million shares, aiming to enhance shareholder value and optimize capital structure.

The most recent analyst rating on (JP:5976) stock is a Hold with a Yen1292.00 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, focusing on the production of common shares and engaging in financial activities such as share repurchases. The company is listed on the Prime Market of the Tokyo Stock Exchange.

Average Trading Volume: 82,037

Technical Sentiment Signal: Buy

Current Market Cap: Yen35.97B

See more insights into 5976 stock on TipRanks’ Stock Analysis page.

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