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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.