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Obayashi ( (JP:1802) ) has shared an announcement.
Obayashi Corporation announced the cancellation of 14,558,600 treasury shares, which constitutes 2.0% of its total issued shares, as resolved by its Board of Directors. This move is part of the company’s strategy to manage its capital structure and could potentially enhance shareholder value by reducing the number of shares in circulation.
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 operates in the construction industry, focusing on building and civil engineering projects. It is a prominent player in the market, providing a wide range of construction services.
Average Trading Volume: 2,421,751
Technical Sentiment Signal: Buy
Current Market Cap: Yen1676.7B
Learn more about 1802 stock on TipRanks’ Stock Analysis page.