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Obayashi ( (JP:1802) ) has provided an update.
Obayashi Corporation announced the completion of its acquisition of 1,939,400 of its own common shares, valued at approximately ¥4.25 billion, as part of a broader plan to acquire up to 20 million shares. This move is part of a strategic initiative to manage its capital structure and enhance shareholder value, reflecting the company’s commitment to optimizing its financial operations.
The most recent analyst rating on (JP:1802) stock is a Buy with a Yen2400.00 price target. To see the full list of analyst forecasts on Obayashi stock, see the JP:1802 Stock Forecast page.
More about Obayashi
Obayashi Corporation operates in the construction industry, focusing on building and civil engineering projects. It is a prominent player in the Japanese market, providing comprehensive construction services.
Average Trading Volume: 2,878,774
Technical Sentiment Signal: Buy
Current Market Cap: Yen1592.4B
See more insights into 1802 stock on TipRanks’ Stock Analysis page.