tiprankstipranks
Trending News
More News >

Obayashi Corporation Advances Share Buyback Program

Story Highlights
Obayashi Corporation Advances Share Buyback Program

Don’t Miss TipRanks’ Half-Year Sale

Obayashi ( (JP:1802) ) has shared an announcement.

Obayashi Corporation announced the acquisition of 2,368,100 of its own common shares, totaling approximately ¥5.2 billion, as part of a larger buyback program authorized by its Board of Directors. This move is part of a strategic initiative to enhance shareholder value and optimize capital structure, reflecting the company’s commitment to its investors.

The most recent analyst rating on (JP:1802) stock is a Buy with a Yen2250.00 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 is a prominent player in the construction industry, primarily engaged in building and civil engineering projects. It operates on a global scale, focusing on delivering high-quality infrastructure and construction services.

Average Trading Volume: 3,120,039

Technical Sentiment Signal: Buy

Current Market Cap: Yen1574.9B

Find detailed analytics on 1802 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1