Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Obayashi ( (JP:1802) ) has provided an announcement.
Obayashi Corporation announced the acquisition of 2,815,100 of its own shares, amounting to approximately ¥6.94 billion, as part of a broader share buyback initiative authorized by its Board of Directors. This move is part of a strategic effort to enhance shareholder value and optimize capital structure, with potential implications for the company’s market positioning and investor relations.
The most recent analyst rating on (JP:1802) stock is a Buy with a Yen2800.00 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. The company is known for its comprehensive services in construction and infrastructure development, with a significant presence in the Japanese market.
Average Trading Volume: 2,449,526
Technical Sentiment Signal: Buy
Current Market Cap: Yen1680.6B
See more data about 1802 stock on TipRanks’ Stock Analysis page.